Some quite some time, we have seen a decline in the gold price, and we convinced that the bearish trend is going to continue. A couple of months ago, we identified a target area (marked with the cute bear circle 🥰) between $1722 and $1606. Once we fall below $1767, we have good chances that we approach this area soon. The reason why we are so hyped up to reach...
The British Pound gained much value against the USD and rose all the way up to the yellow target area. That being so, we believe that the green wave 5 is completed. From here, the Pound should lose value again, bounce back and then move further down, as it is indicated in the chart. As long as we stay above $1.3483, we do not see any dangers for this...
As we have predicted, the Amgen stock has decreased and entered the green box between $242.09 - $223.78. From here, we expect the stock to jump over $276.69. For this primary scenario, we have calculated a probability of 68%. In order not to endanger this scenario, the price needs to stay above $218.97. Below that mark, there is a 32% chance of a further drop all...
The Turkish Lira has recovered heavily from November onwards – well, in relation to the catastrophic losses of the last years. However, this recovery should be over now. As we have landed in the target zone between 8.630697₺ and 8.145568₺, we expect the Euro to come back and valuate against the Turkish Lira. Here, we expect to get more than 10₺ for each Euro in...
We are pretty much used to new all-time highs from the Bitcoin and yet again we are extending the current peak. The current movement should turn around into a correction at somewhere around $57,000 and move back to somewhere between $47,445.10 and $44,539.60, indicated as a yellow box. From there, we are expecting another bullish run!
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The SP500 took a considerable dip today and is about to crush through the support line at 3884 points. We remain positive that the SP500 will bounce back and that it will decline a little bit later. As long, as we do not fall below 3816 points, there is little to worry about. In the long run, we stick to a bullish setup.
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Ethereum is still hot and it is continuing to stay hot. The hype around Bitcoin’s little brother is real. If you are looking for a chance to hop on the train, you might have a chance pretty soon. We believe the price will drop to the target area of $1620.03 and $1541.55. From there we will continue to see a highly bullish run. But beware: it might well be that...
The Dow Jones remains consistent and continues to push for new heights. Also in the mid and long-term, we believe the index to further increase and perform well. Hence, we thought it would be useful to identify an imminent potential entry point. We expect the Dow Jones to finish its third wave at slightly above 31700 points, which is then followed by a smaller...
You probably remember Terry Crew’s unique training program: Euro Training! In the context of currencies, the Euro might become similarly strong towards the USD. We expect its value to increase to somewhere above $1.26. However, it is very important now to stay above $1.19201, in order not to endanger this scenario.
Keep training, keep trading!
After a long time, the cannabis stocks are finally living up to their potential. They are currently jumping through the roof. For WeedMD, we see this trend continuing! The most important mark is at C$0.23 which should be left far behind from now on. Believe in the extreme growth potential of this stock in the future.
Stay trading!
Cannabis Organigram violates this important street rule, as it soars to incredible heights! No worries, this is not a one ‘hit’ wonder, but we will see its price on much higher levels from now onwards. As a next step, we expect the price to drop between $4.93 and $5.75. After that, we can roll the next one and get even higher!
Enjoy responsibly! 😉
The sunny days continue for Bitcoin, as the cryptocurrency just experienced another sharp increase recently, caused by Tesla buying somewhat $1.5 Billion worth of Bitcoin! We primarily expect Bitcoin to remain above $41969. However, we also see a corrective movement setting in soon. After that, the way is paved to even higher Bitcoin prices!
Bull, Bull Hooray!
The gold price was weak for quite some time now and has dropped below $1800 last week. We expect it to further decline and even move way past a mark of $1767. However, there remains a 25% chance of a bullish comeback, which would realize if the price would manage to stay above $1879. However, our primary expectation is that the bears took over and pull the gold...
Soaring high, like Vince Carter back in the days, the Dow Jones looks forward to closing the week on a very positive note. Just recently, we have correctly indicated a target area between 30320 and 30480, which gave us a great entry point to profit from the upcoming rise. After that, the Dow did not disappoint us and continued its bullish rally. In the imminent...
Nike has been a strong player on the capital markets for a long time. Accordingly, we will see the stock price rise further in the future, too! There is little doubt on our side that this stock is staying a long-term Bull – Michael Jordan would be proud! Now, we are primarily expecting the price to continue to rise above $147.93. However, there is a 45% chance...
Be prepared for a nice hit at the Procter & Gamble stock! We are approaching the target range, which will be an amazing opportunity to add this long-term bull to your portfolio or to stock up your position. Primarily, we are expecting the price to drop a little bit further until at least $124.86 and then skyrocket past $134.74 and eventually past $146.89....
Over the last couple of weeks, Ethereum has tested the indicated resistance zone above its ATH @ $1424.30. Recently, it has started another attempt to conquer this zone. Can Ethereum grasp a proper footing in this area? If so, the way paved for tackling new heights!
However, there is still a 40% chance that the price collapses if the resistance happens to be too...
Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏
Now, it is...
