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TRYJPY – Buy the breakout above 32.2

TRYJPY – Buy the breakout above 32.2

In previous posts I mentioned the probability for a longer term trend reversal in the USDTRY and EURTRY pairs to the downside. Therefore it is less about the Euro or the Greenback turning weaker but more about a battered down Turkish Lira regaining strength that should as well naturally be reflected in other currency pairs […]

VOLKSWAGEN – Das Fiasko

VOLKSWAGEN – Das Fiasko

Volkswagen A.G. (Boerse Frankfurt: $VOW; OTCMKTS: $VLKAY) the largest automaker by worldwide sales in 2016 has not only been hit hard by the dieselgate but has not yet taken the turn to reinvent itself. Strategic plans to introduce electric powered vehicles have first been drafted under the spreading threats hanging over diesel vehicles as more […]

Weekly Breakout Candidates – HMNY, NTEC, SYT

Weekly Breakout Candidates – HMNY, NTEC, SYT

To follow-up on last week first edition of the Weekly Breakout Candidates this new edition of stocks selected from the NYSE and NASDAQ markets is fairly narrow and comprises: HELIOS AND MATHESON ANALYTICS INTEC PHARMA SYNGETA Same criterias apply as last week: positive or rising relative strength, significant volumes of exchange, positive long term trend […]

BITCOIN – To buy or not to buy?

BITCOIN – To buy or not to buy?

The Bitcoin price in USD appears somewhat overextended. On the daily chart it is be stalling below a slightly descending resistance line. Should the price break above the historical price peak at 4,485 BTC/USD then an new impulsive leg higher should be expected. Should on the contrary a price correction take place then  there appears […]

Litecoin – Another breakout higher

Litecoin – Another breakout higher

As posted on Twitter yesterday it was anticipated for #Litecoin ($LTC) to break out higher again: The wait was not too long as the breakout happened shortly thereafter: As the uptrend should extend higher any position can now be protected with a stop-loss below the thick blue line (high risk) or below the lower triangle […]