Hello everyone! In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 21, 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 + […]

Hello everyone! In today’s article, we’ll examine the recent performance of Alibaba Group ($BABA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 22, 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 + […]

Hello Traders! Today, we’ll dive into the weekly Elliott Wave structure of Modine Manufacturing Co. ($MOD) and explain why a potential corrective pullback could present an excellent buying opportunity. Let’s analyze the price action and forecast the next steps. About Modine Manufacturing Co. Modine Manufacturing, established in 1916, is a global leader in thermal management […]

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 4, 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 […]

Hello everyone! In today’s article, we’ll examine the recent performance of the SPDR Consumer Discretionary ETF ($XLY) through the lens of Elliott Wave Theory. We’ll review how the rally from the October 23, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations […]

Hello Traders! Today, we will look at the Weekly Elliott Wave structure of Novo Nordisk A/S ($NVO) and explain why the stock should soon react higher from a Blue Box area. Novo Nordisk A/S is a Danish multinational pharmaceutical company headquartered in Bagsværd with production facilities in nine countries and affiliates or offices in five countries. Novo Nordisk manufactures and markets pharmaceutical products and services, […]