A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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Elliott Wave View: AUDJPY Looking for Further Downside
Read MoreShort Term Elliott Wave view in AUDJPY suggests cycle from 6/8/2022 peak looks incomplete and can see further downside. Decline from 6/8/2022 peak is unfolding as a double three Elliott Wave structure. Down from there, wave W ended at 91.4 and rally in wave X ended at 95.75. Pair has broken below wave W at […]
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Starbucks ($SBUX) Ended A Double Correction And It Should Continue Higher
Read MoreStarbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of Starbucks’ U.S.-based stores, over 8,900 are company-operated, while the remainder are licensed. Starbucks ($SBUX) Elliott Wave Analysis – […]
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Amazon (AMZN) Elliott Wave : Impulsive Sequences Calling The Rally
Read MoreHello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Amazon stock. We have been calling for the rally in the stock due to impulsive bullish sequences in the cycles from the June lows. Consequently, we recommended members to avoid selling the stock, while keep […]
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OKE : Should Expect More Weakness After A Corrective Bounce
Read MoreONEOK, Inc., (OKE) together with its subsidiaries, engages in gathering, processing, storage & transportation of natural gas in the United States. It operates through Natural gas gathering & processing, Natural gas liquids & Natural gas pipelines segments. The company has headquartered in Tulsa, Oklahoma, comes under Energy sector and trades as “OKE” ticker at NYSE. […]