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RGTI is Looking for Support in 5.89 – 7.07 Area (Updated)
Read MoreRGTI has risen rapidly in value in recent days attracting the attention of investors. Here we have the 15-minute chart. Applying the Elliott Waves principle, the stock should find support in 5.89 – 7.07 area to complete a wave 4. This would generate a new rally on wave 5 that could reach around 8.94 – […]
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The Travelers TRV is Looking for more Upside to End an Impulse
Read MoreThe Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Weekly TRV Chart July 2024 In July, we saw a rally as expected, but missing the blue box by 5 dollars. Also, we adjusted […]
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The Impact of a Potential WWIII on Financial Markets
Read MoreThe ongoing conflict between Russia and Ukraine has raised concerns about the possibility of it escalating into a global conflict, potentially leading to World War III. While such a scenario remains speculative, the economic impact of a large-scale war would be profound, affecting various sectors of the financial markets, including stocks, commodities, forex, and cryptocurrencies. […]
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Elliott Wave View S&P 500 (SPX) Wave 5 in Progress
Read MoreS&P 500 (SPX) resumes higher in wave 5 and short term pullback should find support. This article and video look at the Elliott Wave path.
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Biotech ETF (XBI) Ended a Diagonal. Looking for Buying Dips.
Read MoreThe SPDR S&P Biotech ETF (XBI) is an exchange-traded fund that tracks the biotechnology segment of the S&P Total Market Index. This ETF allows investors to gain exposure to large, mid, and small-cap biotech stocks. If you’re interested in biotechnology, XBI could be worth exploring further. Here are some of its top holdings and their percentage weights: United Therapeutics […]
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Shopify (SHOP) Rallied Suggesting Nest Completed.
Read MoreShopify Inc. is a Canadian multinational e-commerce company in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools. Shopify ended a Grand Supercycle in July 2021 and we labeled it as wave ((I)). Since then, it entered in a flat […]