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Day: January 14, 2019

BITCOIN: Testing and old resistance

January 14, 2019 Published by

Early yesterday we saw a sudden drop of the BITCOIN price followed by a short and shy consolidation movement upwards…

The drop was expected since the Elliot Wave count was alerting about that in order to complete a long 5-3-5 Correction…

The question is, does the drop terminated? It may have been terminated, actually it looks like a very short but probable 5th wave…

In order to know it we have to see how BITCOIN manage in front of the next resistance:

The RSI indicates oversold condition but the Constant Low Volume does not bode high hopes for recovery…

My plan keeps alive, for the

Goldman Sach Just Jumped On The Wagon

January 14, 2019 Published by

About one month ago, I noticed what looked like a smiley face…a bottoming pattern forming on Gold.

Metal Analysis Report 12-7-18…Do You See What I See???

YES, YES, the chart is suggesting price is forming a bottom and also broke the daily down trendline last month.

Then three weeks later, I noticed some bullish unusual option activity on Newmont Mining.  But more importantly, the bottoming pattern was confirmed by the specific pattern that I look for in reversals.

 Unusual Options Activity In Newmont Mining

Then a week later Jim Cramer jumped on the bandwagon. CNBC’s Jim Cramer said on his show, Mad Money that

Definition of a Risk Taker

January 14, 2019 Published by

Investing has risk.  There is no two ways about it.  Some investments have very marginal risk while others have much more volatility, either way you need to take risks if you want to invest.
Definition of a Risk Taker
Do you know what the definition of a risk taker is?
It is…

Someone who steps into the game without already knowing the answer.

Here’s the thing – we never know the answer.
We can analyzed a bunch and put the odds well in our favor, but you do not know 100% how an investment will play out, well atleast anyone that includes even a morsel of

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