peterbokma

peterbokma

The stochastic is positive for ZM, and we have a support (mid-channel) $ 240.00. The RSI (not shown) is 36.0. It feels we may see an up move towards channel resistance $ 285.00 short-term. Strategy is to BUY at $ 255.00 and keep stop below $ 237.00 for now.

peterbokma

I cannot change mind on this currency pair, and remain SELL SELL strategy. In fact, I do not see a stop-loss being useful, since we have enough parameters that are suggesting we will correct sooner than later: RSI for weekly and daily chart are very high. Secondly we are above BB band as well. The moving average have not crossed negative as yet. If one...

peterbokma

ETHUSD seems destined to correct downwards, is my personal view. we are near the channel top and line-break shows we may be starting a downward trend within the channel. the objective is now somewhat $ 3,600.00 I suggest stop-loss to be more higher above $ 5,250 in case we have brief spill-over.

peterbokma

BTCUSD is setting up for sharp decline is my humble opinion. Kagi chart has double topping formation, and we are currently slightly above $63.980 support line. The Kagi will change color, which is the first condition for change of direction. The 9-period MA is approaching, and a break below will confirm downtrend. Remain short, and sell at current with stop-loss...

peterbokma

For short-term traders, buy current 1.6830 for move to 1.6936 trend-line. The line-break chart (2) shows turning upwards. The break of trend-line 1.6936 of that will bring us to 1.7357. Place stop-loss 1.6720 for now.

peterbokma

Crude oil starts looking to start its long awaited correction. The MA cross is negative (9,21) and the Haikin Ashi has changed trend, suggesting we should be in the sell mode for now. Strategy for the short-term is to sell current $ 80.30 and place a stop-loss above 83.80. I feel we may reach $ 68/barrel again, but suspect it may stall around $ 70/barrel handle.

peterbokma

This is a very short-term trade. we are moving below the down-trend support line, and for that reason sell 130.80 current with tight stop 131.05. Profit objective 128.65.

peterbokma

The earning report was a surprise, and it also highlighted the extend of the positions in the market. It is overbought, and way out of i's range of the regression channel. Strategy is SELL current or anywhere between $93-98 for a return to $ 60/share.

peterbokma

The surprise earnings were much lower, hence it dipped down. The decline is steep, and overall we will see it move back towards $ 250/share is my view. Buy current $ 205/share and buy further $ 180

peterbokma

No change in my overall view. The market as always tries higher highs, but the negative divergence is a clear warning that this may be over sooner than later. Strategy is therefore sell current, and keep stops above $ 5,500. The top of the regression is slight above $ 5,000 and the BB top band is $ 4,800 (rounded) area. all in all, it should correct medium-term...

peterbokma

The stochastic is negative daily chart, and we may see 1.6725-1.6750 area. The strategy is buying in that area for a move towards 1.7375. Stop-loss should be below 1.6625.

peterbokma

It's looks a perfect opportunity selling at 9.8200. Negative divergence, and high RSI both daily and weekly chart. The price action is above BB band as well as above the regression trend as well. I suspect return 8.1600 and lower medium-term.

peterbokma

My view earlier had wrong timing, but the overall view seems in tact. We have a clear inverted false bear flag on our weekly and daily chart. The lower end of the channel is around 1.6653 and the top 1.6930. The downtrend resistance line is protected somewhere above 1.7400. I suggest buying between 1.6700 and 1.6775 for a move to 1.7380. Stops can be placed...

peterbokma

Looking at Daily chart, and placing settings to % shows interesting development. Even though, I felt that 62k was medium-term selling area, and stop-loss 66k, I feel that we should re-sell now current 67k. The percentage movements observed, shows that previous BTC high had lower % level compared to current situation, and the decline was swift as well. I think...

peterbokma

We moved away from high $ 1,222 and current market close $ 1,162. there is no change to my medium-term view, and see $ 706 as a good possibility based on High RSI and negative stochastic. besides we are still above 1,127 BB band top. The experience tells us, that with such wide width of BB (between high and low) always seems to create corrective activity. Sell...

peterbokma

I can't become bullish on it at current levels. We got the NEW MOON phase, and further daily RSI is high. The Gann fan has more upside no doubt, but considering the weekly chart as well, we should be seller into the rallies. Strategy is sell current 4700 handle and take profit 10%-15%, i.e. somewhere 4250-4000.

peterbokma

This looks like a classic SELL strategy. we have high stochastic, and the channel seems well defined as well. Sell at current and stop above $ 240 and profit near $ 220.00

peterbokma Updated 

The BTCUSD seems looking tired represented by the topping patterns on the weekly chart. The key is $58k support area for the decline towards 36k regression channel support. the NEW MOON phase also indicates we may see lower in the weeks to come. Strategy is sell current 62K with a stop-loss at 66k. If it moves above 65.5k it will drift likely higher. The top...