Elliott Wave View: Chesapeake Energy (CHK) Sellers Remain in Control
Chesapeake Energy Corporation (ticker: CHK) is a company operating in hydrocarbon exploration. The company produced natural gas, petroleum, and natural gas liquids. Continued pressure on Oil and gas prices have…
Elliott Wave View: GDX Ready to Resume Higher
Short term Elliott Wave view suggests that pullback to $26.04 ended wave ((4)). GDX has since rallied within wave ((5)). Subdivision of wave ((5)) is unfolding as an impulse Elliott…
Disney (NYSE: DIS) Impulsive Structure is Supporting Further Rally
Disney (NYSE: DIS) surged to new all time highs in April 2019 confirming the breakout of the consolidation range that lasted for 3 years. The rally from December 2018 low…
Boeing Elliott Wave Analysis: Stock Will Dictate Path For World Indices
Hello Traders. In this previous Boeing blog, we discussed the path for the Boeing stock. Now, let have a look at the latest 4 Hour chart. We can see that…
Elliott Wave View: Rally in Nikkei Should Fail and See Sellers
Short Term Elliott Wave View in Nikkei suggests the bounce to 21805 ended wave (2). The Index has resumed lower and ended wave (3) at 19900. The internal of wave…
Elliottwave View: Decline in DAX a correction or a new bearish market?
Elliott Wave view suggests the bounce to 12660.50 in DAX ended wave (B). The rally to 12660.50 is part of an Expanded Flat structure which starts from May 3, 2019…
XLF Buying The Dips At The Blue Box
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLF ( Financial Select Sector), published in members area of…
Lockheed Martin (NYSE: LMT) Bulls Facing CrossRoad
Lockheed Martin (NYSE: LMT) has a current market cap of $104.3B and $56.46B in revenue, outperforming the defense sector companies in the recent years. The second quarter earnings report provided a…
Elliott Wave View: DAX Has Reached Support Area
Elliott Wave view suggests DAX is doing wave 2 correction as a Flat Elliott Wave structure. Rally to 12656.05 on July 4 ended wave 1. Down from there, wave ((a))…
