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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EURGBP Should Resume Bearish Trend Soon
Read MoreSince earlier this year, EURGBP has been trending lower due to the risk of Brexit off the table and optimism of UK’s vaccination program. We forecasted the move lower in EURGBP in our article on January 19 here –> Pound Sterling Gains as UK Accelerated Vaccine programme. We highlighted in January’s article that EURGBP breaks the […]
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$UFI: Textile Solutions Provider Unifi to Accelerate Higher
Read MoreUnifi Inc. is a global textile solutions provider based in Greensboro, North Carolina, USA. The stock being a component of the Russel3000 index can be traded under ticker $UFI at NYSE. Unifi is one of the world’s leading innovators in manufacturing synthetic and recycled performance fibers. The company is in a possession of proprietary technologies and […]
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Disney Wave ((4)) Has Not Ended And Needs To Talk More
Read MoreSince the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going to try to build an impulse from the March 2020 lows with a target around $230. Target measured […]
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XLI Found Buyers At The Blue Box And Reacted Higher
Read MoreXLI is an exchange traded fund (ETF) that tracks performance of the U.S industrial sector. In this blog, we look at an Elliott Wave analysis of the recent short term. Below, we have an Elliott Wave 1 hourly chart from 4/21/2021, wherein the ETF peaked at red wave 3 area. As per Elliot Wave theory, […]