Elliott Wave View: Further Upside Expected in Amazon
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24,…
Elliott Wave View: Pullback in Russell Should See Support
Short term Elliott wave view in Russell (RTY_F) suggests the Index ended the correction from January 17, 2020 high in wave (4) at 1609.56. It has since resumed higher in…
Amazon Soared After Q4 Earnings Beat
Amazon (ticker: AMZN) recently reported Q4 2019 earnings. The result of $45.7 billion online sales surpassed the Q4 2018 number of $39.8 billion. The company also announced they currently have…
Elliott Wave View: Nikkei Has Resumed Higher
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index ended the correction from December 17, 2019 high in wave ((4)) at 22628. The Index has resumed higher in…
Elliott Wave View: Short Term Support Area for Tesla
Elliott wave view in Tesla (TSLA) suggests the stock rallies as an impulsive structure from September 25, 2019 low. The stock is currently within wave (3) and the internal is…
TSLA Powerful Elliott Wave (III) Started From The Blue Box
TSLA has gained 447% since June 2019 and the vertical rally suggests it is super cycle wave (III) of an Elliott Wave Impulse structure up from all time low. In…
Elliott Wave View: Downside Target for Exxon Mobil
Elliott wave view in Exxon Mobil (ticker: XOM) suggests that the sequence from April 23, 2019 high (not visible in the short term chart below) is incomplete. Medium term downside…
Snap Inc. Bullish Sequence Supporting Further Upside
Snap Inc. is an American camera and social media company which has three products: Snapchat, Spectacles, and Bitmoji. Last year, SNAP ended up with +195% gains as the stock saw an…
Emerging Market (EEM) Likely Will See New Highs
The Emerging Market (EEM) trade within the same cycles as World Indices. However, when comparing it to Indices like $SPY and $SPX, EEM lag behind after it bottomed in 11.2008.…
