peterbokma

peterbokma

The share moved impressively again North of the horizon. This is a bull trap, since nothing has changed. The share is overbought and in fact very extreme. Further, GANN angle does not support the climb and we should eventually see $ 385.00 area before consolidation. Strategy SELL @ $ 435-465 for a move to $ 393.50 profit area.

peterbokma

GOLD has been trading in a slightly wide range, and the timing of it has been quite difficult, I feel. From technical perspective, it seems building a case for up move by stochastic, and especially nearing the GANN resistance at $ 2,645, which I think may break upwards en route $ 2,700 again. Strategy BUY @ $ 2,600-2,620 and take profit near $ 2,697 for now.

peterbokma

The regression analysis is a useful tool to depict ranges, and outliers. We are currently dealing with an outlier, and this must be corrected over time. The RSI is extremely oversold and requires corrective action. Strategy BUY @ 0.6220-0.6250 range and take profit near 0.6390 for now or higher.

peterbokma

The pair has been gravitating between 2.2050 - 2.2420 and came down sharply from those high levels. it is extremely overbought, and GANN resistance seems clear. the support lower is 2.1700s which will be attracted overtime. Strategy SELL between 2.2090 - 2.2150 and take profit near 2.1835 for now. note: it is a medium-term view.

peterbokma

THE BTCUSD has as always wide ranges, tops and bottoms. The highest area $ 108k handle also coincides with GANN strong resistance, whilst current support is some where $ 95k-98k Overall, there is selling pressure, and the difficulty is to know how high we go before lower, but my viewpoint is we will see below $ 80k - 75k handle in the near term. Whales have been...

peterbokma

The pair starts looking tired and the likely false bull flag pattern, and overbought status, suggests we may see move lower to 1.8330 area short-term. Strategy SELL range 1.8420-1.8450 and take profit near 1.8334 for now.

peterbokma

The pair has attempted to climb back, but the cycle is still lower, is my humble opinion. the stochastic and overbought status suggest lower levels to be seen. Strategy SELL @ 1.4390-1.4430 and take profit near 1.4256.

peterbokma

The pair has climbed nicely and now whilst GOLD is firm, and the pair being overbought, the chances are pull back 18.1575 area. Strategy SELL @ 18.4000-18.4500 and take profit near 18.2175 for now.

peterbokma

I underestimated the move upwards, but as they say, if one manages for value, scaling in and managing leverage is the key to ensure we create the opportunities. There are different methods, but valuation is the key. I hope it has not become to harsh on any of you, as these markets take everyone to the cleaners, if not careful. Back to business, we are way...

peterbokma

The pair is currently overbought, and this on both RSI and MFI. We should move lower (likely a wave 2) to somewhere 1.9995 area before up again. Strategy SELL current 2.0080-2.0120 and take profit near 2.0000.

peterbokma

The pair broke through 1.4250 zone, and now we are near the next resistance level 1.4340 zone. It is heavily overbought, like so many other pairs. Stochastic high and MFI well quite extreme, so over time we will see corrective action, is my viewpoint (and no issue when we disagree). Strategy SELL @ 1.4310-1.4335 area and take profit near 1.4178.

peterbokma

The pair is short-term overbought, and stochastic is negative. I feel we may see a test of GANN support 194.70 area. Strategy SELL @ 195.30-195.70 area and take profit near 194.27 for now.

peterbokma

The pair is very oversold, and it requires corrective action. RSI very low, and also we are well GANN supported but require to overcome the resistance at 0.6430 area. Strategy BUY current 0.6360-0.6375 and take profit near 0.6478 for now.

peterbokma

It is not for the fainthearted trading this share currently, however, it is good to place things in perspective. Pre- US-election the share was trading around $ 250 and today we are after market $ 472 per share, which represents a move of 88% of the value before the election. For sure, the leader of the pack, is bright and a visionary and has achieved incredible...

peterbokma

The pair is solid moving upwards, but it is severe overbought. We have a reasonable level for OIL and holding well, and there is a chance that USD may undergo some weakness. Strategy SELL @ 1.4230-1.4260 area and take profit @ 1.4135 for now.

peterbokma

The share has risen far too much, and all based on hype, and forecast of $ 400.00 by some reputable institutions. So, yes price erached beyond $ 435..and now what.. is the question. RSI is very high and should reflect the overextended BUYING of the market. GANN also suggests we see the peak below $ 446 area, hence decline feels imminent. Strategy SELL current $...

peterbokma

The pair has had an impressive move higher, and it may re-test 17.9300-17.9500 again. Strategy range trade 17.7000- 18.0450 is my viewpoint with current bias testing upwards.

peterbokma

The pair is under pressure, and indicators are mainly negative. It is possible we may see a move towards 1.9550 in the medium-term. Strategy SELL @ 1.9840-1.9880 and take profit near 1.9590.