NIO Correcting Cycle from All Time Low
Nio (NYSE: NIO) is a Chinese multinational automobile manufacturer with headquarter in Shanghai. It specializes in designing and developing electric vehicles. This year, the stock remains down over 40% from…
Elliott Wave View: Oil (CL) Should Continue to Extend Higher
Short term Elliott Wave chart in Oil (CL) suggests that the rally from 3.24.2021 low is unfolding as an impulse Elliott Wave structure. Up from March 24 low, wave 1…
Elliott Wave View: DAX Bullish Sequence Remains Incomplete
Short term Elliott Wave chart in DAX suggests the decline to 14816.35 ended wave 4. Internal subdivision of wave 4 unfolded as a double three Elliott Wave structure. Wave ((w))…
Elliott Wave View: IBEX35 Pullback Should Find Buyers
Short term Elliott Wave View in IBEX suggests the rally from January 28, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 28 low,…
Elliott Wave View: XLV Extending Higher
Short term Elliott Wave View in XLV (Healthcare EtF) suggests the rally from March 5, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March…
Elliott Wave View: EURUSD Looking to End A Diagonal
Short term Elliott Wave View in EURUSD suggests the rally from March 31, 2021 low is unfolding as a 5 waves nesting impulse Elliott wave structure. Up from March 31…
Platinum Looking for 5 Waves Rally
Post-pandemic economic rebound, government infrastructure spending, and green energy plan have driven the rally in industrial and precious metals in 2021. As governments globally are looking to curb climate change,…
Elliott Wave View: Ethereum (ETHUSD) Found Support After Massive Pullback
After forming all-time high at 4380.64 on May 12, Ethereum (ETHUSD) has sold off tremendously. In a span of just 8 days, it has dropped more than 50% to today's…
Elliott Wave View: BAC (Bank of America) Wave 5 in Progress
Bank of America (BAC) has just made a 12 year high and structure from February 1, 2021 suggests the rally is unfolding as a 5 waves impulsive Elliott Wave structure.…