Elliott Wave View: Nikkei (NKD_F) Reaching Support Area
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index is doing a larger degree pullback to correct the cycle up from August 26, 2019 low in wave IV,…
Elliott Wave View: Virgin Galactic ($SPCE) Extending The Impulse
Virgin Galactic ($SPCE) has had an impressive rally after setting all time lows after its IPO in the fall of 2019 and continues to impress as it extends the rally…
Bausch Health (BHC) Drops More than 10% After Q4 Results
Bausch Health (Ticker: BHC) reported Q4 revenue of $2.22 billion, which is a 5% YoY increase. The result was slightly higher than the consensus estimate of $2.2 billion. The company…
Elliott Wave View: NASDAQ (NQ_F) Continues Marching to All-Time High
Short term Elliott wave view in NASDAQ (NQ_F) suggests the Index ended the cycle up from February 1, 2020 low in wave 1 at 9687.50 high. The index then corrected…
Elliott Wave View: PayPal (PYPL) Right Side Remains Bullish
As US indices were making lower lows in January and February of 2019, PYPL was making higher lows setting up a bullish structure within a larger impulse up against its…
$SLV Ishares Silver Trust Larger Cycles and Elliott Wave
$SLV Ishares Silver Trust Larger Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The…
Bristol-Myers Squibb ( NYSE: BMY ) Aiming for New All Time Highs
Bristol-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…
Elliott Wave View: Bank of America (BAC) Approaching Short Term Support
Short term Elliott wave view in Bank of America (ticker: BAC) suggests the rally from January 27, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up…
CVR Energy (NYSE:CVI) – Recovery on the Horizon
CVR Energy (NYSE:CVI) lost almost 40% of it's value since July of last year, as the stock started correcting the impulsive 5 waves advance from 2016 low. The correction taking…
