SNSN schreef op 2 december 2016 11:45:
For today: PP=2.656
Resistance: R1=2.687
Support: S1=2.603; S2=2.572
Strong (strategic) support zone: ~2.955 - 2.555.
There could be still just less than ~8 M of profitable speculative shares sitting in the interval ~2.955-2.555.
But, there are NO any speculative shares under 2.555. The only lt-investors which owned shares well before 2015 may still have 'profitable' shares under 2.555.
Thus, to dive under 2.555 some parties must take losses (or just be prepared to take losses --> when short selling).
So, don't take any losses voluntarily, if you don't want to pay for the profit of prof 'shorters'. Current sub-downtrend (since Nov 30) is just a fake one, not based on any fundamental/objective stuff.
Just never convert your possible 'paper losses', if any, into the 'real losses' if/when the (sub)downtrend is a fake one (just a prof 'shorters' play).
Don't forget that any 'paper losses' at a fake downtrend are NOT losses, as the downtrend has NO fundamental ground, just a tech play of small/mid-size profs.