peterboss

peterboss

With a book value per share of $50 and an Earnings Per Share of 6.6, we can estimate a fair value of around $86. Bear in mind that valuation of financial companies is very hard, so even when this math may be right, financial companies tend to suffer the most when the finance and capital markets overall are not performing nicely. That sounds great, but let's face...

peterboss

Well.. we all know dollar has lost strenght against other currencies, at least from historical perspective since the 80´s.. But now, to the point: how much upside it has in this current "apreciation" cycle. Of course. this is no easy forecast to make, since lots of variables are tied to it and some macro top down analysis and macro economic assumptions are to be...

peterboss

Soybean has been on a corrective pattern for a while. As we can see from previous price action, overshoot of the pattern has been common, so we cant trust that the spike that happend 04-01 is over. We put a sell stop order under 326 and a SL behind the signal candle. Target the first area of congestion at 319.8 and in case the corrective pattern continues to...

peterboss

Scalp to 7.50 area CRK

peterboss

We covered our short at 43.84 as we specified here www.facebook.com since our target for wave 3 was 43.46, which wasnt hit for 3 cnts, but close enough for us to consider the short done, for 16% profit since alert. We now expect a pump for wave 4, with a 55usd as 1st target and 62.8 as second target. For now we remain neutral and watch price action closely

peterboss

6 buck area aquired and scalp completed. 9.93% move total.

peterboss

Im looking for a confirmation of the pop, volume to come in and target the 6 buck area. This is a INTRADAY idea, should be treated as such. IF I dont see confirmation in price action in the 15 min chart then I wont take the trade.

peterboss

IF price action confirms ema 13 crossover I would short for the first target at 116. Ill be watching closely for price action confirmation. RSI divergence on double top could indicate a heavy fall. On the fundamental side, news that could enable this kind of move could be coming out on January 14/15 with core machinary orders and tertiary industry activity...

peterboss

Added trend lines for more clarity

peterboss

Two scenarios: Fifth wave has already developed, it failed to reach its target of 12.41 and is now going to retrace the whole movement (first target 5 usd area).. or the fifth way hasnt developed yet and we are just seeing wave 4 in progress, and wave 5 will hit its target at 12,50 & 13,79 for a last bang. For now, wave 4 holds 38% perfect retracement, so now its...

peterboss

I should have posted this chart instead... sorry my bad

peterboss

In monthly chart, long term position. For now its still in a IV wave correction, but looking good in the long term. If it pops to the upside breaking the resistance line @1256usd, the next objective to look for would be 1387usd. Again, this is not trading advise, just MACRO analysis. For now, you should hold a neutral (outside mkt).

peterboss

Crude oil cycle analized with elliott wave with an objective of 40 usd for the end of wave C. Im expecting a flat corrective pattern, being B 76% retracement of A. In the current minor wave analysis, we could expect a short term bounce (as it has happened between 52 and 60 usd). My target for the end of the current minor wave pattern is 40usd. If support level...