Hello Traders! In today’s update, we’ll analyze the latest price action of Modine Manufacturing Co. ($MOD) using Elliott Wave Theory. The ongoing pullback has now taken out key RSI pivots, confirming that Wave III of the cycle has ended. Currently, the stock is correcting in a Zig-Zag (ABC) pattern, approaching a critical support zone where […]

Hello Traders! Today, we’ll dive into the 4H Elliott Wave structure of SPDR Health Care ETF ($XLV) and explain why the corrective pullback could present an excellent buying opportunity. Let’s analyze the price action and forecast the next steps. 5 Wave Impulse Structure + ABC correction $XLV 4H Elliott Wave View February 11th 2025: The 4H Elliott […]

Hello Traders! Today, we’ll dive into the 4H Elliott Wave structure of Peloton Interactive Inc. ($PTON) and explain why the corrective pullback could present an excellent buying opportunity. Let’s analyze the price action and forecast the next steps. About Peloton Interactive Inc. Peloton Interactive, Inc. is an American exercise equipment and media company based in New York […]

Hello everyone! In today’s article, we’ll examine the recent performance of Consumer Staples ETF ($XLP) through the lens of Elliott Wave Theory. We’ll review how the rally from the October 06, 2023, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure […]

Hello Traders! In today’s update, we’ll revisit the Elliott Wave structure of Modine Manufacturing Co. ($MOD) and provide insights into the next phase of its price action. You can check the last article here. As anticipated, the 5-wave impulsive cycle from May 2023 has concluded, and a corrective pullback has begun. This pullback presents a […]

Hello everyone! In today’s article, we’ll examine the recent performance of Tesla Inc. ($TSLA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 27, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure + […]