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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Bristol-Myers Squibb ( NYSE: BMY ) Aiming for New All Time Highs
Read MoreBristol-Myers Squibb (NYSE: BMY) is an American pharmaceutical company which manufactures prescription pharmaceuticals and biologics in several therapeutic areas with particular success in cardiovascular treatments. Since 2008, BMY established an impulsive rally taking the stock to new all time highs after it managed to break above 1999 peak which opened a multi-year bullish sequence. The cycle lasted for […]
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BABA Found Byers At The Blue Box After Elliott Wave Zig Zag Pattern
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA. As our members know BABA has recently given us pull back against the 199.12 low. Pull back unfolded as Elliott Wave Zig Zag Pattern. We expected buyers to appear at the Blue Box , […]
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Elliott Wave View: Bitcoin Next Short Term Support Area
Read MoreShort term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a 5 waves impulse Elliott Wave structure. Up from January 24 low, wave ((i)) ended at 9570 and pullback in wave ((ii)) ended at 9075. The crypto currency then resumed higher in wave ((iii)) towards 10199.85 […]
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Singapore Dollar (SGD) Plunges as Central Bank Signals Easing
Read MoreSingapore Dollar SGD tumbled last week after Monetary Authority of Singapore (MAS) suggests that Singapore Dollar has room to depreciate. The statement came after the coronavirus infection spread to the territory and the central bank predicts it will hit growth. This comes after the economy shows signs of recovering from last year’s weakest growth in […]