Chesapeake Energy Corp’s (NYSE: CHK) most recent price action suggests the stock may be poised for a comeback in 2019. Beaten down to prices not seen since 2016 CHK is now tracing out what appears to be an impulsive five swing Elliott wave sequence from $1.71. Elliott wave hedging strategies used by us here at […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPJPY, published in members area of the website.  As our members know, the pair had incomplete bearish sequence in the cycle from the January 28th peak. The Elliott wave structure had been calling for further […]

Alibaba (BABA) shows what looks like an impulse move. This article and video talks about the short term Elliott Wave path for the stock. Next price target for the rally is provided as well as invalidation level and alternate view.

Gold has been used as the currency of choice throughout history, despite what the central banks of the world say. Ben Bernanke, then the Fed Chairman, famously said that Gold is not money in 2011 during congressional hearing with Senator Ron Paul. Since President Nixon removed Gold’s peg from the US Dollar in 1971, the […]