SNSN schreef op 27 oktober 2015 16:34:
We see just certain "tech trading"..., forming two days "bearish engulfing" formation (just on well expected 'positive news' - q3-results, though they were actually even better than expected)
So, don't also forget that some parties would certainly prefer to get in (again) as lower as possible ....
For instance, as you know, some active strategies assumed standard closing "longs" just a few days before the q-announcements.... So far, in our (current) case it was just too low .... (because of too fast/steep rising since Oct 22 - see old posts)
Thus, take care.... (think well before making decision conditional on your horizon)