SNSN schreef op 30 september 2014 18:12:
Yes, nothing unusual - standard technical "pattern trading" at low volume and lack of objective news. The change in "active shareholders" structure continues.
As “planned” by the trading pattern formed since Sep 9 with the "necessary" bottom/support at ~2.42 on Sept 26 (that was successfully held), a (sharp) rising at/before Sept 30 was programmed (see last week posts).
Although the (first) target is around ~2.61, some (short-term) resistance at ~2.55 and increase in (short-term) volatility may be expected.... (short-term support is around ~2.48)
PS. The mid-term target is the same ~3.0 (partially postponed by the eplus decision delay, resulting in a lost “mid-term momentum“), and the "fair value" is around ~4.0