Starbucks 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 – […]

Hello 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 […]

ONEOK, 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. […]

Within the list Elliott Wave corrective patterns, alongside Zigzags, Flats and Complex Corrections we have triangles. Triangles are a sideways correction that occurs only prior to the final wave in the current trend. Therefore, can only present themselves in wave 4, B or X. The only exception they present themselves in wave 2 is if […]