### Trading Recommendation:
Chart pattern indicates that correction is ending, look for trigger to buy in, maintain a stop loss at $0.70

### Investment Recommendation:
BUY, fundamentals appear to have flattened, price action appears ready for another rally

### Analyst Commentary:
The STEEM price rose 3.32% verse the USD over the past 24 hours on lower volume ($1,839,650) as STEEM continued the consolidation pattern, Bitcoin was down slightly, and most altcoins were mixed. The current price level is finding support at the $0.70 level. The % vested indicator rose slightly mostly due to the @steemit account powering up 500,000 STEEM in order to cover delegation to new accounts. If new account growth continues on its current trend, I expect @steemit to have to power up again to keep pace. The chart pattern continues to appear primed for a new rally and the fundamentals are in good shape, this is the opportunity to get in! For traders, look for confirmation that we are entering another rally and buy in with a stop loss at $0.70. On the investor side, I believe we will be going up from here, accumulate STEEM between $0.70 and $0.75.

### Payout Recommendation
Due to the SBD premium, I recommend taking your rewards in 50% SBD and using it to buy STEEM in the internal exchange.

![Investment Report 20170515.png](https://steemitimages.com/DQmTRuKkPj2vJjBHjkEiXynJLRjsmBNWUVVpR4qqD7srw7q/Investment%20Report%2020170515.png)

#### Data Credit:
Steemchart.com
Coinmarketcap.com
Steemdb.com

##### Disclosure:
The report published above is based on my assessment of the cryptocurrency market. Investors should consider this report as only a single factor in making their investment decision. All investments involve market risk, including possible loss of principal invested. The author is a cryptocurrency investor and while he seeks to provide honest assessments to the best of his ability may have a conflict of interest that could affect the objectivity of this report.

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