SNSN schreef op 5 april 2017 11:23:
For today: PP=2.803
Resistance: R1=2.824
Support: S1=2.778
After a couple of attempts (Mar 20, Apr 3) to test/break the r-zone around ~2.85 the stock is testing the 'lower volatility edge' (LVE=~2.78 today) just under the lower border ~2.81 of uptrend since Feb 1 (read old posts), so far testing the (uptrending) channel itself.
As for 'aex', it's given second bearish reversal signal - two days formation 'bearish engulfing' (Mar 31 & Apr 3). The first 'bearish engulfing' pattern was formed on Mar 20 & Mar 21 (read old posts). So, a prob for a 'double top' pattern is rising essentially.
Don't just forget that 'kpn' is not correlated with 'aex' on longer horizons (read old posts for details).
Take care.