SNSN schreef op 12 maart 2018 17:04:
Just a playground, nothing more. Classic tech-play in Ero-Usd 'hedging accounts' by mid-boys (playing diff account/volumes & FX-dynamics) .
At
P/E = 35 it has very little (actually nothing) to do with 'investments'.
Just artificial, not related to company fundamentals, 'pull up' towards technical
'top-line' (formed on Nov 7, Jan 22). The '
top-line' is currently around
~173.3.
Current (artificial) 'pull up', actually 'fake sub-uptrend' (read old posts), started on
Feb 9 as a classic upwards
'border reaction' at technical
'bottom line'.
Given current price level, one can expect soon a classic downwards
'border reaction' toward the 'bottom-line' -->
~149 Good luck.