STRTECH (Sterlite Technologies): Elliott Wave FLAT Structure
Sterlite Technologies Ltd. (STRTECH) Sterlite Technologies Limited designs, builds and manages "smarter networks" Sterlite Tech develops & delivers optical communication products, network & system integration services and software solutions for telecoms globally. The company is…
Citigroup (NYSE:C) – Time to Wake Up Bulls
Citigroup (NYSE:C) is the 3rd largest bank in the United States. Since the crash of 2008, its stock wasn't able to recover 15% of that decline compared to other Banks like…
Elliott Wave Analysis: SPX Bounce Expected to Fail
SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests…
Elliott Wave View Expects More Downside in Exxon Mobil (XOM)
Exxon Mobil (ticker: XOM) has broken below Nov 23 low ($74.7) and opens further downside in the stock with incomplete sequence from Sept 25 high ($87.36). Short Term Elliott Wave…
Facebook Elliott Wave Analysis: Forecasting the Decline
In this blog, I want to share some short-term Elliott Wave charts of Facebook which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our…
Will the Arrest of Huawei Executive Derail Trade War Truce?
The market celebrated the trade war truce between U.S. and China after the successful meeting last week between President Trump and Xi. Unfortunately, it only lasted for about 24 hours…
Goldman Sachs (NYSE: GS) – Bullish Trend is Still Intact
Since the 2008 Financial Crisis, Goldman Sachs (NYSE: GS) established a new multi-year bullish trend which managed to break above 2007 peak after just 10 years joining the list of…
GDX Cycles from the January 2016 Lows
GDX Cycles from the January 2016 Lows Firstly, the GDX ETF was created in 2006. From there it bounced higher into the September 2011 highs. This not shown on the…
An Industrial to Trade: Is BA a BUY Here?
BA and the Trade Tensions Between China and Elliott wave As we all are well aware there are definitely heightened tensions on the global trading playing field these days. The…