SNSN schreef op 4 oktober 2016 12:23:
For today: PP=2.945
Resistance: R1=2.968; R2=2.982
Support: S1=2.932
At a very low (partial) volume, just around ~0.25 M per 30 min, the stock is testing the st-support zone ~2.95-2.93, which is reinforced today by the S1 (see above).
On longer horizon: the stock is in uptrend since Sep 15 with the 'most probable' lower uptrend edge just slightly above the lower edge of st-support zone and almost coincides with the S1 (see above).
The channels' edges usually form (extra) 'dynamic' support/resistance, often indicating time-level 'turning points' (probabilistic meaning) with possible 'border reactions' on shorter horizons (conditional on current info).