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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Nasdaq (NQ) Buyers Can Appear Soon According to Elliott Wave
Read MoreShort Term Elliott Wave in Nasdaq (NQ) suggests the Index is cycle from 3.13.2023 low ended in wave ((1)) at 13349.37 as the 1 hour chart below shows. Wave ((ii)) pullback is currently in progress to correct cycle from 3.13.2023 low. Internal subdivision of wave ((ii)) is unfolding as a double three Elliott Wave structure. […]
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Coca-Cola Stock KO Price Surge Creates Bullish Sequence
Read MoreCoca-Cola (NYSE: KO), a leading beverage company, recently reported better-than-expected earnings and revenue for the quarter. The strong financial results, demonstrate the company’s resilience in the face of challenging economic conditions and highlight its ability to adapt to changing market dynamics. It leads to increased investor confidence and a surge in the company’s stock price. As […]
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Elliott Wave Expects Gold Miners ETF (GDX) Buyers Should Appear Soon
Read MoreGold Miners ETF (GDX) shows a bullish sequence from 9.26.2022 low favoring further upside. The 100% – 161.8% Fibonacci extension target from 9.26.2022 low comes at 38.3 – 45.7 area. Rally from there is unfolding as a nest where wave ((1)) ended at 33.34 and wave ((2)) pullback ended at 26.64. Wave ((3)) is in […]
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Bank of America ($BAC) Reacts Lower from Blue Box Area.
Read MoreHello Traders. In today’s article, we will look at the past performance of 4 Hour Elliott Wave chart of Bank of America ($BAC). The decline from 2.07.2023 peak unfolded as 5 swings and made a lower low on 3.24.2023 which created a bearish sequence in the 4H timeframe. Therefore, we knew that the structure in […]
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Newmont Mining (NEM) Starts a New Bullish Cycle
Read MoreNewmont Mining (ticker: NEM) is the world’s largest gold mining company, based in Greenwood Village, Colorado, United States. The stock may have formed a significant low at 37.57 on November 2022 and started a new bullish cycle. This article looks at the Elliott Wave Outlook for the stock. Newmont Monthly Elliott Wave Chart Monthly Elliott […]
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UNFI : Favors Sideways To Lower Before Rally Resumes
Read MoreUnited Natural Foods Inc., (UNFI) together with its subsidiaries, distributes natural, organic, specialty, produce & conventional grocery & non-food products in the US & Canada. It operates in two segments, wholesale & retail. It is based Providence, Rhode Island, US, comes under Consumer Defensive sector & trades as “UNFI” ticker at NYSE. As mentioned in […]