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Walgreens WBA Ready to Rally to New All Time Highs
Read MoreWalgreens Boots Alliance (NASDAQ: WBA) is the second-largest pharmacy store chain in the United States. The drugstore chain will be listed in the Dow Jones Index replacing General Electric and a lot of expectation for the stock price to rise in future has come up recently following that news. We believe the market is ruled by […]
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AMD Elliott Wave Bullish structure suggesting more upside
Read MoreSince 2017 peak, Advanced Micro Devices (AMD: NASDAQ) has been lagging the move higher compared to its competitors. Despite a weak start of 2018 around the stock market, AMD managed to recover strongly since the 4th of April. The semiconductor stock, starred a strong rally showing an impulsive 5 waves structure to the upside as […]
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World Uranium Index Suggesting Higher price for the metal
Read MoreWorld Uranium Index (URAXPD) and Uranium Futures contract tracking the spot price of the metal which ended the downtrend cycle from 2007 peak and been bouncing higher since 2016 lows. The two instrument may have different dates for the peak or low but they share the same swings and URAXPD is the one leading move at current […]
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HFC HollyFrontier Corporation Impulsive Elliott Wave Rally
Read MoreHolly Corporation and Frontier Oil merged in July 2011 to form HollyFrontier Corporation (NYSE: HFC). The company is a petroleum refiner and distributor of petroleum products, from gasoline to petroleum-based lubricants and waxes. Over the past 2 years, Hollyfrontier Corp performed better than majority of its peers in the Oil & Gas Refining and Basic Materials sector. Its […]
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CVR Energy CVI Showing Bullish Structure
Read MoreCVR Energy (NYSE: CVI) is one of the best performing Energy stocks in the recent 2 years yielding +220% since November 2016 low. Despite the correction taking place in the stock market, CVI did manage to retrace the whole decline since January peak and it’s currently already up +7.9% year-to-date. To understand further the technical […]
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Industrial Select Sector XLI Corrective Structure Still calling Lower
Read MoreThe Industrial Select Sector SPDR Fund XLI tracks a market-cap-weighted index of industrial-sector stocks drawn from the S&P 500. Industries in the Index include aerospace and defense, building products, construction and engineering, electrical equipment, commercial services and supplies, airlines, marine, etc. It provides investors with broad US industrial exposure that’s cheap to hold and extremely […]