Next objective

21 Dis 2016

According to historical Fibonacci retracements, parabolic-SAR and a the recent break upward in MACD, the next objective may be $885-1000. Reaching the lower or the upper bound depends on the momentum of the rally. RSI and volume will give us some hints as the movement develops. There is enough room in RSI to be consistent with the rally, but reaching the upper bound is unlikely during the first attack.

26 Dis 2016

Nota

First attack to the area accomplished. Profit!
I expect one more attack before the end of the year. Objective: $950-1000.

29 Dis 2016

Dagangan ditutup: sasaran tercapai

Profit! Now we can take profits safely. Waiting for a break of the 1000$ resistance is quite risky. As always, it is your choice.