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In this article, we will look at the American Airlines (AAL) to make sense of the recent huge volatility in the stock market. The world faces a tremendous crisis due to the pandemic created by the Corona virus. The financial markets consequently have entered a tremendous selling pressure. As it always happens, some sectors always […]
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Elliott Wave View: FTSE Resumes Correction
Read MoreFTSE ended the cycle June 25 low as a double three structure. From there, the index has declined lower and resumed the correction from June 8 high.
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Elliott Wave View: Oil Looking To Break Higher
Read MoreOil extended higher from June 25 low. As long as pullback stays above that low, expect dips to find support in 3, 7, or 11 swing for more upside.
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Draftkings Inc. ($DKNG) Room For More Upside
Read MoreThe Corona Virus has had its toll on the marketplace in general. But some select names have remained resilient through the decline, DraftKings is one of those names. Draftkings went public on April 24/2020. The announcement was made in December 2019 of a reverse takeover of an already public company. Prices reacted to that news […]
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Elliott Wave View: Amazon (AMZN) Dips Should Continue to Find Support
Read MoreAmazon (AMZN) ended the cycle from June 29 low. Alternately, the stock could have ended cycle from March low and is now doing a large degree pullback.