winstox

winstox Updated 

The sector is waking up after a long period of correction. I like the setup for this stock, for me the correction has ended and I believe that we are entering in a very interesting period. I also follow some other names of the sector for which I will post analysis later on.

winstox Updated 

There is some interesting movement in this sector. The HMMJ has almost ended its correction. I am following it closely because a major opportunity will arise. As soon as 2 ends, the next move will be a 3 therefore a big one. Then we will have a 4 and a 5. My longer term target is set around $60. But first I want this 2 to end in order to grab the big 3 UP which...

winstox Updated 

MEI Pharma is starting its next move up (5). The overall image of technical analysis remains positive. I expect it to accelerate its uptrend.

winstox Updated 

ATNM is a small Biotech (Actinium Pharmaceuticals). Its chart shows that there is interest from investors. VOLUMES have increased. The chart shows a BULLISH pattern. The possible projections on a 5 Waves UP pattern, give much higher levels for this stock. Some analysts are bullish on Actinium Pharmaceuticals based on its novel antibody-radioisotope conjugate...

winstox Updated 

The image of several charts related to China's companies has turned quite ugly lately. I was reading some articles concerning China, JD.com and looking also at Investors' comments as to several China stocks. Although equity markets became cloudy lately, looking at JD.com I do not see the sky falling. According to my calculations we had the first phase of uptrend...

winstox Updated 

The recent strong move of the USD vs the TRY has turned into a frenzy and a parabolic move. We are now at extremes and soon, for the adventurous, going Long TRY will give nice profits. The case of USDTRY is a very interesting one because it also affects the European Banking sector and equity markets overall. Some banks are quite exposed in Turkish assets and their...

winstox

The EUR is reacting within an a-b-c-d-e pattern which represents Wave 4. We are now in the last part of it (e). When it ends, the next big move will be down, in Wave 5

winstox

Global Blood Therapeutics’ candidate (Voxelotor) has a lot of potential for SCD. There are a lot of articles on Sickle Cell Disease (SCD) which I strongly invite you to read. From a Technical Analysis point of view, I like what I see in GBT's chart. For me, the stock ended an a-b-c correction and is now preparing to move forward. Confirmation is needed but...

winstox

The DXY is the US Dollar Index. This Index is a measure of the value of the United States Dollar relative to a basket of foreign currencies. The most important is Euro (EUR), 57.6% weight and the Japanese yen (JPY) with a 13.6% weight. The chart shows that we are now at the final phase of an up leg that started in Feb 2018. As soon as it ends (e) the US Dollar...

winstox

Despite all the bad news, the stock of Deutsche Bank rebounded at last from its lows and presents now an promising technical analysis setup. Positive Volumes (in green) became interesting. I expect soon some profit taking which will be an opportunity to buy more stocks or use Call options. The German Bank with a new boss will continue its restructuring. Lots of...

winstox

MEI Pharma is a drug development company with a pipeline of three clinical-stage drug candidates. The main focus of the company is oncology drugs development. The company has enough cash to go through most of 2109 (cash is very important in this sector). MEI Pharma is now close to enter in the period during which it will have two clinical products in phase 3...

winstox

MARINUS is a leader in the development of neurosteroids for the treatment of depression. It is developing ganaxolone for PPD (Postpartum Depression). Topline data from a Phase 2 study should be available in H2. The stock price dropped after its Q earnings results. Its cash of $21.47M is solid to fund its operations and this is good for me. Technically the recent...

winstox

GOLD is in bad shape and this is not over yet. Lower levels will come. However, on a short term basis I expect a reaction which can give some profits. The metal is deeply oversold and overall sentiment is negative (which is good for our case). Therefore above $1215 I see interest for a speculative Long position with strict stops.

winstox

BGN is within a 5 waves down period that started in Jan 2018. Now the stock is in its 4th wave, a reaction which has either an a-b-c aspect or it will present an a-b-c-d-e aspect. One way or another, the odds are that once this move ends, the last wave down (5) will follow to lea BGN below 20 euros. Therefore we have here an opportunity for Short.

winstox

The FTSE is in consolidation mood. This is a preparation for the next leg up. Therefore best trade will be Long but for now the short term strategy is to wait for the end of c (down). As soon as it fades, it will be the opportunity for a juicy Long trade. Have a nice end of week.

winstox

The Italian Index is ready to move lower. Since May 2018 the Index is within a corrective pattern of a zig zag aspect which will end in a new move down. Price remains below the "Cloud" (in colors) which means that there is vulnerability. As soon as it breaks the red line (21200), this will be the signal of the next move down. The target range is calculated at...