The world’s largest dedicated semiconductor foundry Taiwan Semiconductor Manufacturing (NYSE: TSM) is down 25% from January peak. However, we’ll be looking at the Elliott Wave structure within the weekly daily cycles and we’ll explain why we believe it’s the right time to buy the stock. Looking at the weekly chart for TSM, It is showing an impulsive 3 […]

Boston Scientific Corporation (BSX) develops, manufactures & markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg & Cardiovascular segments. It offers devices to diagnose & treat different medical conditions & offer remote patient management systems. It comes under Healthcare sector & trades as “BSX” ticker at NYSE. BSX favors […]

Netflix (NFLX) ended 3 waves correction and resumed higher. Expect pullback to find support in 3, 7, 11 swing for further upside.

The EURO STOXX 50 tracks the Eurozone’s supersector leaders, resulting in a diversified and liquid portfolio. The index’s weighting is based on free-float market capitalization, with a maximum weight of 10 percent per constituent. The blue-chip benchmark underlies more than 25 billion euros in ETF assets, while futures and options on the index are the […]

Hello everyone! In today’s article, we’ll examine the recent performance of Bank of America Corp. ($BAC) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 05, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 7 Swings WXY […]

Hello traders. Welcome to a new blog post that highlights the latest trade setups shared with the Elliott-wave-forecast members. In this post, the spotlight will be on the Eurostoxx-50. The post will uncover the setup that led to the recent Long position for educational purposes. The EuroStoxx refers to a family of stock market indices […]