Why Johnson & Johnson’s (JNJ) Rally Might Be Short-Lived
Johnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow…
Chevron Corporation (CVX) Poised for Further Gains in Wave (V)
Elliott Wave analysis suggests Chevron (CVX) is extending higher in Wave (V), with bullish momentum intact and further upside potential ahead. Chevron Corporation (CVX) continues to show strong bullish momentum,…
EUROSTOXX (SX5E) Made New Highs From Blue Box Area
In this technical blog, we will look at the past performance of the Elliott Wave Charts of the Eurostoxx (SX5E) index. We presented to members at the elliottwave-forecast. In which, the…
Is Nu Holdings (NU) Ready For Next Rally ?
NU Holdings Ltd., (NU) provides digital banking platform in Brazil, Mexico, Colombia, Germany, Argentina, United States & Uruguay. It offers spending solutions comprising credit & prepaid cards, mobile payment solutions…
Consumer Discretionary ETF $XLY Blue Box Area Offers A Buying Opportunity
Hello everyone! In today’s article, we’ll examine the recent performance of Consumer Discretionary ETF ($XLY) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 065 2024, low…
Coinbase COIN Bullish Setup Suggest At Least +30% Bounce
Coinbase Global (NASDAQ: COIN) lost 43% of it's value in the recent three months. In today's article, we'll demonstrate the Elliott Wave structure taking place within the daily cycle and we will…
Gold Miners Junior ETF (GDXJ) Has Resumed the Rally Higher
The VanEck Junior Gold Miners ETF (GDXJ) tracks small- and mid-cap gold and silver mining companies. Launched in 2009, it invests heavily in firms earning most of their revenue from…
BAC Rebounds From Blue Box, Buyers Hit Easy Target
Hello traders. Welcome to another blog post where we discuss recent trade setups from the blue box. In this post, the spotlight will be on the Bank of America, BAC…
Elliott Wave View: FTSE Should See More Downside
Short Term Elliott Wave View in FTSE suggests that cycle from 11.13.2024 low is in progress as a 5 waves impulse. Up from there, wave ((i)) ended at 8388.37 and…