SNSN schreef op 19 april 2018 20:57:
[...]
Yes, that's right - because of the company manipulating with its reporting/accounting (read yesterday posts).
Indeed, the stock was rising, actually jumping up, on
Jan 17, 2018 (Q4-2017 report), above the
~153.70 level (closing on Jan 16, 2018), just because of the company reporting/accounting manipulation (read old & recent posts for details).
So, just business as usual --> the stock is just returning back to the same level of
~154 it had before the Q4-2017 report.
Actually big-boys knew all these stuff long ago, that's why
'rising wedge' pattern (read just above) with standard 'first pattern target' at
~154 .
And of course, when (some) 'big boys' need to 'sell' there must be quite enough clients ready 'to buy'. So, be very careful with 'prof advises' and especially with those rising 'price targets' on 'negative figures' (in such cases some boys are just going to sell). It's simple --> the more small retailers are ready to buy, the easier to sell (at fixed/high price).
Just take care.