A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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Goldman Sachs (NYSE : GS) Bulls Aiming for Strong Rally
Read MoreGoldman Sachs (NYSE : GS) is one of the top 5 banks in USA and it’s stock is currently up $25% year-to-date. Last year, GS was on the edge of breaking its bullish trend which was established since 2009 but the bulls took over on the right time to re-establish the main path. The stock created a bullish […]
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Elliott Wave View: Nikkei Incomplete Bullish Sequence Favors More Upside
Read MoreNikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100% extension from December 26, 2018 low comes at 23380. Until the Index reaches this area, short term dips likely remain supported in 3, 7, or […]
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Elliott Wave View: DAX Remains Bullish
Read MoreDAX sequence from Dec 27, 2018 low remains bullish and the Index can see further upside. This article and video looks at the Elliott Wave path.
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Elliott Wave View: Amazon Shares Price Recovers
Read MoreAmazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This drop has ended the entire correction which started from July 11, 2019 high. The stock has started to rally and the move higher from $1617.71 […]
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Bank Of America ( $BAC ) Forecasting The Rally From The Blue Box
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Bank Of America ( $BAC ). As our members know BAC made 5 waves up in the cycle from the 26.01 low . The Stock was expected to find buyers in 3,7,11 swings against the […]
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JP Morgen (JPM) Stock Completed Significant Breakout
Read MoreHello fellow traders. In today’s technical blog, we will have a look at the JP Morgan (JPM) stock. JPM has been in a big consolidation between 2018 and 2019. The stock was ranging from 91.45 low and 120.05 peak. It was just a matter of time that JPM would break out this range and start the […]