For today: PP=2.92
Resistance: R1=3.14; R2=3.265
Support: S1=2.80
As for the market, 'aex' has r-zone above ~425 (former s-zone - read old posts), and support around ~410.
As for the st-volatility, 'kpn' lt/mt-investors just don't care too much (just take care of stops). As you know, kpn is not going to extend its 'network' to UK...
Given a high prob for (regular) extra-div --> high div yield expectations, good financials + actually 'riskless' position of main shareholder --> low credit/default risk, and objectives of convertible bond-holders, the stock has good upwards potentials towards 'fair value' ~4 and above that (read t&c for convert. issues).