Elliott Wave View: Impulsive Rally in Amazon (AMZN)
Short term Elliott Wave view in Amazon (AMZN) suggests that the rally from August 6, 2019 (1743.51) low is unfolding as a 5 waves impulsive Elliott Wave structure. We label the…
EQT Corporation (NYSE: EQT) – Ending a Corrective Decline
EQT Corporation is one of the largest natural gas exploration and pipeline companies in United State. The Energy giant has more than 130 years of experience and it continues to…
Elliott Wave View: IYR New All-Time-High in Sight
IYR is the ticker symbol for U.S. Real Estate ETF. Since the financial crash in 2009, the instrument is steadily rising and currently only $1 from breaking the 2007 all-time…
UUP Bullish Cycles from May 2011 lows
UUP Bullish Cycles from May 2011 lows Firstly the dollar tracking ETF fund UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP…
Canopy Growth Corporation – Investment Opportunity Around the Corner
The world's largest medical cannabis producer by market cap, Canopy Growth (NYSE : CGC) reported earning two weeks ago. While revenue surged by nearly 250% year over year to 90.5 million Canadian dollars,…
BMW AG Stock Sending Warning To German Automobile Sector
Hello fellow traders. In today's blog, we will have a look at the BMW stock. In my previous blog, we discussed the possibility in the Daimler stock and why the biggest…
FXA Bearish Cycle From The July 2011 Highs
FXA Bearish Cycle From The July 2011 Highs Firstly the FXA ETF fund is the Australian dollar tracking fund that has an Inception Date of 06/21/2006. With that said the fund mainly…
Trade War Escalation Put Selling Pressure to S&P 500 (SPX)
Last week, there was anticipation of market volatility as the Fed's Chairman Jerome Powell was scheduled to speak at Jackson Hole. President Trump and China however stole the show. China…
Elliott Wave View: Netflix Structure Looking Further Downside
Elliott Wave structure in Netflix shows an incomplete bearish sequence suggesting the stock should continue to see selling pressure. On the chart below, the rally to 316.59 ended wave 2.…
