Looking for a retrace, then a move lower in ARCELORMITTAL
move higher to 30 maybe 35 probably small retrace first
A good measure of risk on / risk off sentiment is the relative strength of a currency against gold. The strength is inverted since XAU is the denominator in the equation. In the last quarter of 2018 we can see that the save heaven currencies (USD, CHF and YEN) are the strongest and AUD and NZD are the weakest.
Looking for an advance in BTCUSD. Target are the stops above the double top.
TomTom is struggling. That is no secret. The businessmodel of selling navigation-devices to the public is destroyed by Google Maps and by onboard navigation in new cars. They tried wearables, but it did not work out so they abandoned it. They work on automated driving software now, but that will not replace the cashcow for time to come. Their most valuable...
Expecting #Amazon to correct prior to new earnings
On the monthly chart TomTom broke the trendline downwards, retouched it and is now on the way down. Expecting some quick surges down on the next occasion. Possibly TTM-news or the next drop in indices.
Expecting a decline in TomTom. When trading this idea with an option-strategy we want to know when most likely to expect the start of the downturn because of expiry.
Begin of May we hev earnings estimate. It lines up with FibTime projection.
Expecting USDCHF to touch fib-levels and turn up after 0.38 or 0.61 Fib-Time.
Testing Fib Time Tool. Expecting a retrace until 0.38 fib.time.tool is reached
Based on this analysis i think LTCEUR will be a runner. Expect 250 in the spring and possibly 400 before the summer.
I like to see ETHEUR retrace before i trust the move up.