SNSN schreef op 22 januari 2016 11:14:
For today: PP=3.228
Resistance: R1=3.274; R2=3.313; R3=3.36
Support: S1=3.19
Crucial (decision) point is M+++(3.34)
Trying to confirm a switch in st-trending, indicated by bullish reversal signal - 'dragonfly doji' on Jan 20 (see recent posts), we are well above the upper edge of st-downtrend since Dec 30, which is slightly under R1 today. So far, closing above R1 is essential for trending switch confirmation.
On a longer horizon, the "falling-top-line" determining (a bit longer) st-trending that is formed since Dec 1, is currently around 3.41. So, the st/d-playground is still reasonably wide....