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ROKU ElliottWave Corrective Structure Suggesting a Recovery
Read MoreROKU investors had great hopes for 2018 as the streaming TV platform continued it outstanding growth in addition to its stock price surging to new all time highs. However in just 3 months, the stock erased all gains to end up with -40% similar to the rest of stock market in 2018. The company earning report […]
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Can Twitter (NYSE:TWTR) Aim for New All Time Highs ?
Read MoreThe social networking service Twitter (NYSE:TWTR), is one of the fewest technology companies that went public and its stock under-performed among the sector against the giants of the game. After its IPO in 2013, TWTR rallied to $74 and since then it started a correction lower with a 3 waves decline as a zigzag structure that […]
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CVR Energy (NYSE:CVI) – Another 5 Waves Rally To Follow
Read MoreCVR Energy (NYSE:CVI) is presenting one of the best technical structure in Energy market despite the recent scary 40% drop in Oil prices. At Elliottwave Forecast, we believe in the One Market Concept therefore we always look for answers around other instruments within the market. Since 2016 low, CVI did advance in a bullish 5 waves impulsive […]
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Citigroup (NYSE:C) – Time to Wake Up Bulls
Read MoreCitigroup (NYSE:C) is the 3rd largest bank in the United States. Since the crash of 2008, its stock wasn’t able to recover 15% of that decline compared to other Banks like JP Morgan or Goldman Sachs. 2018 wasn’t a good year for the entire market and Citigroup wasn’t any different as its stock price is currently […]
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Goldman Sachs (NYSE: GS) – Bullish Trend is Still Intact
Read MoreSince the 2008 Financial Crisis, Goldman Sachs (NYSE: GS) established a new multi-year bullish trend which managed to break above 2007 peak after just 10 years joining the list of many other stocks which already achieved new all time highs in the previous years. GS has been moving within a bullish channel making higher highs […]
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Micron Technology (MU) – Reversal Around the Corner
Read MoreIn the recent 2 years, Micron Technology (NASDAQ: MU) Investors were in the sky as the stock gained +500% in value since 2016 lows. The global corporation is one of largest semiconductor producer in USA behind giants like Intel & NVDIA. In the recent 6 months, the prices of dynamic random-access memory DRAM and NAND flash memory […]