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ConocoPhillips (NYSE: COP) Getting Ready for Next Rally
Read MoreConocoPhillips (NYSE: COP) is an American multinational energy corporation that was created through the merger of American oil companies Conoco and Phillips Petroleum Company on August 30, 2002. Since February 2016, COP rallied higher within an impulsive 5 waves advance for almost 3 years before ending that cycle in October 2018. Then the stock turned lower into a […]
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Walmart (NYSE: WMT) Looking to Find Buyers During Pullbacks
Read MoreIn today’s article, we’ll be taking a look at the current Elliott Wave Structure for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to new all time highs before the cycle ends on November at $125.69. Down from there, it started a […]
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Hecla Mining (NYSE: HL) Impulsive Rally in Progress
Read MoreHecla Mining (NYSE: HL) is a mining company engaged in the exploration and development of mineral properties also the mining and processing of silver, gold, lead and zinc. Since May 2019, HL established a strong reversal after it ended the decline since 2016 peak and started a new bullish cycle. the stock traded higher within an impulsive […]
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Barrick Gold Corporation (NYSE: GOLD) Looking for Further Upside
Read MoreBarrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. As the precious metal price has been soaring recently, let’s take a look at the technical structure of the stock. GOLD established a major low back in September 2015 from where the stock rallied strongly within an impulsive 5 waves advance which was […]
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JNJ Bullish Outlook Suggests Further Upside for Next Year
Read MoreJohnson & Johnson (NYSE: JNJ) released its third-quarter earnings and revenue in mid October 2019 which beat Wall Street’s expectations. Despite facing a sell-off during that week, the stock managed to establish a major low in October and it has been rallying higher since then looking to challenge 2018 peak. Let’s take a look at the […]
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Shopify (NYSE: SHOP) New All time Highs on the Horizon
Read MoreShopify (NYSE: SHOP) surged higher this year after a strong Breakout of a Bullish Flag which allowed the stock to rally almost 200%. Despite the 40% correction that took place since August, SHOP managed to recover and it’s currently retesting the previous peak aiming for a break to new all time-highs. The short term cycle taking […]