Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a support area of $18.5 – $32.6. It looks like Gold Miners did not quite reach the 100% extension area and already ended the correction. This […]

Lockheed Martin is one of the the largest defense, arms and aerospace companies based in the United States and the world. It employs approximately 110’000 people worldwide. The company operates mainly on four business segments, i.e., Aeronautics, Missiles & Fire control, Rotary & Mission system and Space systems. It’s the world’s largest defense contractor based […]

In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Technology ETF ticker symbol: $XLK. In which, the rally from 05 March 2021 low ended wave (3) in an impulse structure & made a pullback in wave (4). Therefore, we knew that the structure in XLK is incomplete to […]

SPX rallies as in impulse from October 4 low looking for further upside. This article and video look at the Elliott Wave path.

Another day, another meme stock rallies.  This week, Bakkt is the company I want to focus on.  This is another Crypto focussed stock.  However, it has a large deal behind it, being a Mastercard deal whereby Bakkt assists mastercard with its users to pay in crypto.  Lets take a look at the company profile: “Our […]

Swing Trading is a style of investment where investors buy and hold stocks in anticipation of price movement. The objective of the Swing Trading style is to earn from any potential price movement or possible swing in the market. Profit on each trade is substantially smaller as the holding period is smaller. But these small […]