Elliott Wave View: Nikkei Incomplete Bullish Sequence Favors More Upside
Nikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100%…
Elliott Wave View: DAX Remains Bullish
DAX shows a bullish sequence from December 27, 2018 low favoring further upside. Near term, the pullback to 11877 ended wave (2). Index has resumed higher in wave (3). Wave…
Elliott Wave View: Amazon Shares Price Recovers
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This…
Bank Of America ( $BAC ) Forecasting The Rally From The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bank Of America ( $BAC ). As our members know…
JP Morgen (JPM) Stock Completed Significant Breakout
Hello fellow traders. In today’s technical blog, we will have a look at the JP Morgan (JPM) stock. JPM has been in a big consolidation between 2018 and 2019. The stock…
Elliott Wave View: Tesla Starts Impulse Rally
Tesla soars by as much as 19% as the electric-car maker reported better than expected earnings. In addition, Tesla's new factory in China already starts production and model Y crossover…
Citigroup (NYSE: C) Impulsive Rally Extending for Year-End
Citigroup (NYSE: C) is currently up $34 year-to-date and the stock is still aiming for further gains before year-end as the financial sector continues the recovery from last year correction.…
Elliott Wave View: Netflix Looking to Resume Lower
Short Term Elliott Wave view on Netflix (Ticker: NFLX) suggests that the spike to $318.79 on October 17, 2019 ended wave ((4)). Internal subdivision of wave ((4)) unfolded as a…
Elliott Wave View: Nasdaq Pullback Should Continue To Find Support
Nasdaq shows a short term Elliott Wave bullish sequence from August 6, 2019 low favoring more upside. The pullback to 7480.72 ended wave (2) and the Index is now in…