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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$CA : Carrefour stock struggling with lack of space
Read MoreThe weekly technical structure of the Carrefour stock price is a good example of a market correction struggling with the lack of space. Hereby, we observe a situation where the price extends lower in a Elliott Wave double three pattern of multiple cycle degrees. However, the view of the bottom line forces the stock price into […]
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EURGBP Elliott Wave: Pair May Find Buyers Soon
Read MoreBank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to 0.89 after BOE injected liquidity into the market The BOE has already cut the interest rate by 65 […]
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Elliott Wave View: Nasdaq Bounce In Progress
Read MoreNasdaq Index (NQ_F) ended the cycle from February 20, 2020 high at 6628.75 as wave (a). Internal of wave (a) unfolded as a 5 waves impulse Elliott Wave structure. Down from February 20 high, wave I ended at 8126.25 and bounce in wave II ended at 9002.50. Index then resumed lower in wave III towards […]
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Everbridge (NASDAQ: EVBG) Bullish Sequence Driving Cycle Higher
Read MoreEverbridge (NASDAQ: EVBG) is a company that sells communications services for notifications of emergencies. It helps businesses and governments respond to crises and threats like network outages, terrorism, active shooters, and severe weather. During the current pandemic, Everbridge’s service demand rose significantly which supported its stock price to rally to new all timer highs breaking above 2019 peak. […]