SNSN schreef op 13 maart 2014 10:52:
We are at a critical level testing our main falling-top-line (ftl) formed on Jan 30 - Feb 24. The main ftl is at ~2.695 currently , and ~2.690 at closing.
When the main ftl is definitely broken, a new “buy signal” (on weekly/monthly horizons) would be generated.
Don't forget that less than ~10 M speculative shares (from those accumulated under ~2.60) could be left at the moment. So, to get/accumulate ~300 M profitable speculative shares (standard scale for efficient return optimization - see old writings) the profs need quite some time.... (and this may determine our future trend, conditional on “fundamental timing“).
Given the "optimal return" is ~(14-18)%, our “mid-term” pattern target ~3.0-3.04 (see old writings) could be reachable within the next "accumulation phase" (with possible short consolidation around ~2.82-2.84)