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Is The Elliott Wave Principle Objective or Subjective?
Read MoreThe Elliott Wave Principle is generally considered to be a subjective tool for technical analysis. This is because the interpretation of the wave patterns and counts relies on the experience and analysis of the price movements. The Principle involves identifying repetitive patterns in price movements and using those patterns to make predictions about future price […]
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Can Somebody Stop McDonald’s (MCD)?
Read MoreMcDonald’s (MCD) is the world’s largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. McDonald’s is best known for its hamburgers, cheeseburgers and french fries, although their menu also includes other items like chicken, fish, fruit, and salads. Since the largest […]
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Home Depot (HD) Is Correcting The Cycle Since The Company’s Inception
Read MoreHome Depot (HD), is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. The shares of the Home Depot HD company have entered a very interesting stage. After reaching all-time highs in […]
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Elliott Wave Suggests AT&T ($T) Stock Price Should Continue Losing Value
Read MoreAT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T Monthly Chart April 2023 In the monthly chart above, we can see that AT&T shares finished an all-time high with […]
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PALANTIR ($PLTR) May Have Ended A Bearish Cycle Since 2021
Read MorePalantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United States (US) federal government and non-US governments. The firm […]
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Ford (F) Shares Must Lose Value To Complete A Bearish Sequence
Read MoreFord Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. FORD (F) Daily Chart November 2022 From the top of wave I, we can see 3 swings down ending wave ((W)) at […]