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Chipotle Mexican Grill (NYSE: CMG) – Target Around the Corner
Read MoreChipotle Mexican Grill (NYSE: CMG) has been able to adapt within the current pandemic situation by adjusting its operations to handle digital orders and and made deliveries. Last week , the stock hit a record high, going over $1,000 per share for the first time and it’s currently up 125% since the March bottom. The technical outlook […]
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Shopify (NYSE:SHOP) – Bulls Looking To Remain In Control
Read MoreShopify (NYSE: SHOP) is one of the best performing technology stocks since its IPO back in 2015. As electronic commerce boomed in recent years, SHOP saw an enormous gain in value up to 2900% punting the stock as one of the fastest growing companies. Despite the majority of stock market being down in 2020%, SHOP was able to […]
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Paypal (NASDAQ: PYPL) – Bullish Sequence Calling Higher
Read MorePaypal (NASDAQ: PYPL) is an American online payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Last week, PYPL broke above February 2020 peak to hit an all-time high few days before its first-quarter results then after the earnings came out it soared again. It’s currently up 30% year-to-date […]
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Newmont Corporation (NYSE: NEM) – Impulsive Bullish Structure
Read MoreNewmont Corporation (NYSE: NEM) is the world’s largest Gold mining company. Since the major low in the precious metal back in 2015 around $1050, many mining stocks rallied significantly and managed to outperform shining metals. If we take a look at this year’s data, NEM is currently up 45% while GOLD is 11% which gives an […]
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ROKU (NASDAQ:ROKU) – New Bullish Cycle On The Horizon
Read MoreLast year, the streaming TV ROKU (NASDAQ:ROKU) ended the entire rally since IPO as an impulsive 5 waves advance which is a bullish structure followed by a Double Three corrective structure. Based on the Elliott Wave Theory, after an instrument ends the correction it will either resume the rally within the main trend or bounce in 3 […]
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Nvidia (NASDAQ: NVDA) Aiming for All-Time High
Read MoreNvidia (NASDAQ: NVDA) is up 25% Year-To-Date outperforming the Semiconductor Sector which is currently down 9%. Despite, the sell off that took place last month around the entire stock market, NVDA along few other stocks managed to sustain its main bullish trend because it was trading within a powerful wave ((III)) as mentioned in our previous […]