mbon99

mbon99

I've been watching this fucker for quite some time. It's a gaming company with nice growth, filled pipeline, and expansion plans to deepen their presence in Asia. We see other gaming companies like Activision Blizzard and EA with more than double the P/E. I feel like this is one of the stocks that really fly under the radar. I'm really all about fundamentals, but...

mbon99

The NFP changed the game yesterday, yet we saw a lot of buying pressure down at the local support level, which has now been tested twice and failed to go lower. I expect the pair to reach the descending trendline, which also has a fib retracement. Notice though, that we have Fed Chair Powell to testify multiple times this coming week on monetary policy and...

mbon99 Updated 

On an intraday perspective the pair has reached local support and is heavily oversold making the start of this week perfect for a short-term buy. Federal Funds Rate will be decided on Wednesday so we'll probably see the bears step away from this one until the decision is published. Also, ending last week upwards and the prediction from Wells Fargo there's going to...

mbon99

Fib retracement. Strong price action level. Continuation of market structure (downtrend on both daily and 4h). I might be wrong, but I see no logic in buying this right now. Short it with a tight stop loss

mbon99

Follow or not. This is how I predict the next support and resistance levels with minor corrections along the way. If it breaks the ascending trend line; the pattern is broken

mbon99

The dollar will probably gain strength today as part of corrections over multiple currency pairs. Since Wednesday last week the dollar has been worth shit. But reaching the resistance area around 1.14 calls for a correction to the downside till around 1.128 before pushing upwards again. Keep in mind the Euro isn't a very demanded currency either as rate cuts are...

mbon99

AUDJPY is right now trading at a massively strong support area seen being respected back in 26 sep 2011 and again in 27 jan 2016. It has reached it low in the current up-and-down trend looking to make a move upwards once more. Also, RSI shows oversold in daily chart, so that's another indicator for a move upwards. Hence this, buy now, BUT if it breaks the strong...

mbon99

EURUSD has gone a little down since it broke the last long term downtrend. Growing expectations for not one but TWO federal rate cuts, the strong dollar is coming near its end. The Euro is going to stand strong forward as global trade war is escalating the free market in the European Union will become stronger and stronger. Even if the rate cut in the US is not...