winstox

winstox Updated 

As you can see at the daily chart of NVDA, there are 2 light green lines (I will mention them as "green") and two light orange lines (these will be just "orange"). Some explanation on these lines: They represent specific zones, important zones. So we have the Green zone and the Orange zone. Above the Green one a stock, bond, ETf etc is at extremely bullish area....

winstox Updated 

The month of October was negative. From the start of the month the S&P500 (and other indexes) dropped sharply. I soon expect a move up that will last for some weeks (maybe until the end of the year or until January) but I will consider this move only a reaction and nothing more. An interesting reaction that will prepare the market for the main move down, the Bear...

winstox Updated 

On the weekly chart, after a long uptrend in 5 Waves a correction phase started. It is unfolding as a deep move down affected by the negative psychology of investors due to the news in Estonia. Looking at the chart I expect a reaction soon and then a last drop in order to end this down period. Long term Momentum has reached extremely oversold levels. During that...

winstox Updated 

The bloodbath has started. Today the ugly face of Mr Market made its appearance. From a Technical Analysis point of view we have entered in a downtrend period. What happened today was, according to my opinion, the confirmation of the signs of the previous week. The NDX was vulnerable and other indexes too. I expect 5 waves down which should reach the purple zone...

winstox

There are some colors in the chart. Two green and two orange. These are specific zones. Above the green ones we are at extremely bullish area. If price goes down, tests the green lines and up again it shows renewed strength. Below the green lines it is not negative but more short term analysis is needed. And now the orange lines. Above them price remains in a long...

winstox

ITALY is the new danger to Europe, or to phrase it better, the Italian budget is the new danger. The new Italian government for now defies the EU rules for debt through its possible budget and until the 15th of Oct we will know what will happen. The major European Index, The German DAX, is presenting an alarming image. Preserve Capital seems the best to do now...

winstox

In PBR we had 2 long periods looking at the Monthly chart: The first was "to the moon" and the second "to the Abyss". On the chart is like a huge inverted V pattern. Since then, PBR started to regain some ground with a nice constructive move. I believe that we are at the start of a long term uptrend which could lead PBR towards $30 and even higher. Looking at...

winstox Updated 

SNDX is emerging from its depths and the short term chart is looking interesting. For now it is in an a-b-c move down as wave 4. Once it ends, a 5 up should follow in order to end the 1st leg (A) from mid Sept. As a speculative play, the recent up move could be strengthened later on and above $9 it could gain a lot of thrust. Below $7.33 the bullish short term...

winstox Updated 

The chart of RIBER on a weekly basis is giving a very promising picture. Price is going up in a constructive way and Volumes show accumulation. In addition the pattern from the start of the year is a preparation for a new move UP. My conservative Target price is set at 5 euros but I am looking at levels above 5.5 euros. Riber is the world's leading provider of...

winstox Updated 

TENCENT is a solid company that has been hit from the ongoing turbulence in the region. The chart shows us that practically since January the stock gradually entered in a long 4th wave (down). The projections of this move gave a target (black line) not far from the low of past Friday. In addition Momentum shows that the stock is deeply oversold. So, with solid...

winstox Updated 

Let me say first that I am positive for this company. I also wish to add that I own stocks and I am waiting for more clarification to increase the position. My target price is $50+ As to the technical analysis: The first approach is the one of 5 Waves up. We had 1,2 and 3, we may have seen 4 or we are close to the end of it, and waiting for Wave 5 up. Above the...

winstox Updated 

This Biotechnology company which has several positive analysis from experts of the sector has a quite interesting chart. I believe that we are entering in its Wave 5 and my target Price is set at much higher levels. Above $16 I expect it to gain thrust. What I like here are the following: - It already gave 3 Waves and number 3 was quite impressive. - Wave 4 ended...

winstox Updated 

I like a lot the chart of the EUR vs the Polish Zloty. We are most probably entering in wave 5 which can be strong. This is not a popular Forex pair but I see potential for gains.

winstox Updated 

The Nasdaq100 is close now to a pause and a move down. Overall the big picture remains robust but on the short term I expect soon some vulnerability. So we could see around 7700 a pause then a reversal and a 3-4% down move. Upon confirmation of the corrective move, I will post a new comment.

winstox Updated 

ACHAOGEN is a Biopharmaceutical company, which engages in the research, development, and commercialization of antibacterial treatments for multi-drug resistant gram-negative infections. After a spectacular uptrend from November 2016 to March 2017, the stock paused for a short time and then started a long period of correction. In fact from May 2017 the stock is in...

winstox Updated 

The situation is unclear. We have 2 possible scenarios to deeply analyze. Investors sentiment remains strong although Momentum is not so robust. I would like to see a stronger Momentum. You can read the 2 possible outcomes for the DJIA in the chart's comments. There are 2 important levels to note in case that the index goes south: The area of 25000-24950 is an...

winstox Updated 

Price of Marinus reacted at an important level. This is a good sign. My opinion is that Wave 5 UP has just started and will push the stock to much higher levels. More conservative investors could buy above $7 in order to have a full confirmation of the new up move. Note: I am Long Marinus and I will increase my position. It is a promising company in its sector.

winstox Updated 

The Swiss National Bank is presenting a very interesting chart. After a long period of 5 Waves up, it has entered into a correction phase. We had the first move down (a) we most probably saw the reaction (b) and a new move down (maybe a sharp one) will follow (c). This for me is a nice Short candidate. Note: Maybe some investors do not know it, but SNB has a...