Since the crash of March 2020, all stocks have tried to recover what they lost and JNJ was no exception. Johnson & Johnson did not only recover the lost, but It also reached historic highs. Now, we are going to try to build a wedge from the March 2020 lows with a target above $176. […]

Elliott Wave structure of Nikkei (NKD) shows incomplete sequence from February 16, 2021 high as well as from June 15, 2021 high suggesting further downside is likely.  From June 15 peak, the Index shows a 5 swing sequence which is an incomplete sequence that needs further downside. The decline from June 15 is unfolding as […]

$CPER Copper Long Term Bullish Cycles Firstly the CPER Copper Index Tracking instrument has an inception date of 11/15/2011. There is data in the HG_F copper futures before this going back many years. That shows copper made an all time high on February 15th, 2011 at 4.649.  Translated into this instrument, it is mentioned on the […]

S&P 500 (SPX) has ended larger degree from September 2020 low. Index is now correcting this cycle and this article and video look at the Elliott Wave path.

Goodyear Tire and Rubber Company is a multinational tire manufacturing company based in Akron, Ohio, USA. The stock being a component of the S&P MidCap 400 index can be traded under ticker $GT at NASDAQ. As a matter of fact, Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm […]

Investors who earn more than the market are usually those who invest in stocks that are healthy and cheap. This is a smart strategy to buy low and sell high.  Investing in undervalued stocks has been one of the most common practice to outperform the market. An undervalued stock has a lower market value than […]