cucugno schreef op 2 maart 2017 18:44:
Good evening,
I'm back from Venice and youpi up is back with breakage of resistances. What a beautiful day, we finish at 0.319 and speculation will start. But why so suddenly rise? Re-read my AT, my monthly AT (yesterday cross MM7 MM20), my AT weekly (the bubble was treated this week with the kiss to the MM7)
Every day, we come in a day to break the triangle of which I spoke to you every day. This break resulted in the passage of the MM7, the MM20, the tenkan, the SAR break (look at the red dots have been transformed into 1 green dot below the candle). Now there is only a mini resistance at 0.326 look at my trait (the highest closing of the last months on 30/01/2017). When we close them (0.326) we will quickly go to the attack of 0.366 (highest price in recent months).
In weekly, now this MM7 weekly is a big support and should soon propel Pharming group like a trampoline above the last highest to 0.366, I think about the 0.43. The rise can not resume until the volume returns. But the rise will be triggered by what? Great results on March 09? Speculation before results? A news?
To summarize my triangle valid until March 03 was broken as well as all short-term resistances except the 0.326. The bubble is treated, the mm7 mm20 monthly crossed, I let you guess the sequence of events ....
Here is the daily and weekly chart below:
www.actionnaires-pharming-group.sitew...In addition to the AT we will talk about several things (I put it every day for new ones):
- Results 2016 March 09 at 7 o'clock so speculation should start, for my part nothing to wait because we were under the influence of Valéant on the other hand if Devries talks about the turnover of the first quarter that will be announced in May, Could explode.
- Our main shareholder, which is a hedge fund, sold 7% of our capital, which is approximately 30 million shares sold between the end of January and the 6th of February. It holds approximately 130 million shares and when it sells in packages, the rise will be held back
-a rare crossing mm7 and mm20 took place on 01 March 2017 which will lead to an increase of several months to a few years
- the annual MM7 is at 0.34 and in the event of closure above on 31/12, increase of several years
I go back for the newcomers the annual Technical Analysis which should propel us very high for a few years.
Why?
Look at this annual chart:
www.noelshack.com/2017-09-1488218378-...I had forgotten to look at the annual AT because it is a very very long term AT and there is something very important to say.
The annual MM7 is at 0.346 and we are underneath since 2007 if we cross it and we remain above the end of 2017 we will certainly be richer than now but mostly we will witness a change of era of several years on PHARM.
Let me explain, the annual resistance is very difficult and often it takes 2 to 10 years to achieve them.
The last time we passed the MM7 annual it was in 2005, the price had risen from 3.3 € in 2003 to 43.1 in 2006 to be multiplied by about 15. For detractors, I did not know the number of shares of the time nor the valuation. But all this to show that the crossing of 0.3386, if it takes place, will take us elsewhere, far, high ....
To show the reverse mechanism in 2007 we moved back below, the highest of the year was 43.1 and the lowest 8 euros, followed by a 10-year drop taking it to the bottom of the hole close to 0 and Since we are there
Good night
Finally I say that I own 500,000 shares, that I do not give advice of purchase or sale and that my AT is purely informative (sorry for this small sentence which serves to protect me against the evil spirits)
Cucugno
www.actionnaires-pharming-group.sitew...