Elliott Wave View: Alphabet (GOOGL) Resumes Higher in wave ((5))
Alphabet (GOOGL) has broken above June 24 high, suggesting that the next leg higher has started. The stock has ended the correction from June 11 high in wave ((4)) as…
Penn National Gaming Inc. ($PENN) Incomplete Bullish Sequence
The Corona Virus has had its toll on the marketplace in general. But some select names have rallied sharply off the March 2020 lows, Penn National Gaming is one of…
Elliott Wave View: Nasdaq Short Term Upside Target
Nasdaq (NQ_F) has broken above June 23 high suggesting that the next leg higher has started. Cycle from 6.24 high ended in wave IV as zig-zag Elliott Wave Structure. Wave…
iBioPharma Inc. ($IBIO) Looking for more upside
The next entry in the theme of Corona Virus stocks is iBioPharma Inc. iBio has had a steady advance during the COVID-19 spreading worldwide. It also remains very technical as…
XOM Elliott Wave View: Forecasting Decline Lower
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of the Exxon Mobil ticker symbol: XOM. In which, the…
$SAN : Banco Santander may provide timing for stocks to rally
Banco Santander is the largest bank in Spain and the 5th largest bank in Europe. Traded under ticker $SAN at BMAD and NYSE, it is a component of the EuroStoxx50…
$FXE Elliott Wave and Longer Term Cycles
$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December…
Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign…
Elliott Wave View: SPX Resumes Correction Lower
Elliott Wave View in SPX suggests the rally from 4.2.2020 low ended at 3233.13 high as 5 waves impulse Elliott Wave Structure. Up from 4.2.2020 low, wave (1) ended at 2954.86…
