Under Armour (NYSE: UAA) is one of the leading sporstwear companies around the world. However it’s stock has been struggling in the recent 2 years as it lost %68 since September 2015. In our previous article, we pointed out to the current correction taking place which could turn out to be 3 waves flat structure. […]

Cleveland-Cliffs (NYSE: CLF) formerly known as Cliffs Natural Resources is a mining and natural resources company with a focus on iron ore. Let’s jump directly to the daily chart presented below showing the cycle from 01/12/2016 low which was a significant bottom for the stock. Up from there, CLF rallied in 7 swings structure forming a double three structure that ended […]

Royal Gold (NASDAQ: RGLD) is one of the world’s leading precious metals royalty & stream companies, it’s engaged in the acquisition and management of gold, silver, copper, lead and zinc. The Company owns interests on 194 properties in over 20 countries, including interests on 39 producing mines and 21 development stage projects. During last week, Royal Gold announced fourth […]

Microsoft stock (NASDAQ: MSFT) is reaching an important equal legs area around 75 – 83 coming from 2009 low . The video below explains what we expect the stock to do from there and how this will affect the rest of the market.   Microsoft is showing 3 swings from all time lows and approaching the equal […]

Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure. Index has made a new high above Minute wave ((w)) peak 7515.1 and it’s now showing incomplete 5 swings bullish sequence that would make FTSE extend toward 100% […]

Tesla stock TSLA saw an impressive rally from the start of the year gaining +78% in 6 month before a correction took place and despite the recent decline the stock is still with +60% in profits. In this Technical Blog we’re going to take a quick look at the past Elliott Wave charts of TSLA and we’re going to take a […]