Oil companies are extremely important for the global economy as the transportation sector and power sector both depend upon them. Oil prices have been rising since the start of 2021. This rise in demand is supported by recovering demand and capping supply from OPEC. Global oil demand will grow by 5.7 mb/d over the 2019-25 […]

In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Tesla stock ticker symbol: $TSLA. In which, the rally from 05 March 2021 low unfolded as an impulse structure with an extended wave three and showed a higher high sequence. Therefore, we knew that the structure in Tesla is […]

The last time I looked at Bit Digital was back in October 2021.  At the time, I was favouring that a pullback against the 7/20/2021 low was complete, and that the new swing higher was underway.  Lets take a look at the chart I was presenting: Bit Digital October 2021 view: Back in October, the […]

Adidas is a German multinational corporation designing and manufacturing shoes, clothing and accessories. Created in 1934 by Adolf Dassler and headquartered in Herzogenaurach, Germany, the company is the largest sportswear manufacturer in Europe. Adidas is a part of both DAX40 and of SX5E indices. From the all-time lows, Adidas is showing a strong bullish behavior. […]

Centennial Resource Development, Inc., (CDEV) is an independent Oil & Natural gas company, focuses on the development of unconventional oil & associated liquid rich natural gas reserves in US. It trades as CDEV ticker at Nasdaq under Energy sector. In previous blog of CDEV dated 11/02/2021, it expected to end the impulse cycle within sequence […]

Tronox Holdings Plc (TROX) operates as vertically integrated manufacturer of TiO2 pigment in North America, South & Central America, Europe, Middle East, Africa & Acia Pacific. The company operates Titanium bearing minerals & mines & beneficiation & smelting operations. It comes under Basic Materials sector as Chemical industry type & trades as TROX ticker at […]