BAC shows an incomplete sequence from August 1, favoring more downside. While bounce fails below there, the stock can extend lower.

Starbucks (NASDAQ: SBUX) is currently up 50% year-to-date and remains as one of the strongest stocks leading the bull market higher and making new all time highs. the stock is currently trading within an impulsive 5 waves advance which started since December 2018 and it reached the minimum target area at equal legs $93.6 – […]

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 affected the company greatly. The stock price continues to languish under selling pressure. The company’s fortune ties directly with the energy price and unless energy […]

GDX shows an impulsive rally from August 1 and the miners can extend higher while dips stay above there. This article and video show the Elliott Wave path.

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 unfolded as an impulsive 5 waves structure which is part of the weekly cycle from 2016 low. The cycle ended on July peak from where […]

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 soon the stock will be reaching the $267.00 area. That area in the following chart is the 100% extension from 3.1.2019 peak. The Instrument has […]