In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Futures (YM_F) published in members area of the website. As our members knew, we’ve been favoring the long side in YM_F due to it having an incomplete bullish sequence against 3.23.2022 low. Moreover, Indices like FTSE are also showing […]
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G20 Meeting Produces Trade War Truce between US and China – Will it last?
Read MoreDuring the dinner meeting at G20 summit in Buenos Aires last weekend, the U.S. and China agreed to suspend new tariffs for 90 days. The market reacts positively with stock market rallying around the world, creating a risk on environment for potential Santa Claus rally in December. However, has a real significant breakthrough made during […]
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BABA Forecasting The Rally & Buying The Dips
Read MoreHello fellow traders. Another instrument that we have been trading lately is BABA Stock from Group 3. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA, published in members area of the website. As our members know, BABA has been correcting larger cycle from the 59.5 […]
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Elliott Wave View favoring more upside in NIFTY
Read MoreNIFTY is showing an incomplete sequence to the upside in the short term, favoring more upside while above 11/26 low (10487.1). Near term, cycle from 10/26 low (10004) remains in progress as a zigzag Elliott Wave structure. Intermediate Wave (A) ended at 10774.7 as 5 waves impulse Elliott Wave structure and Intermediate wave (B) ended […]
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MSFT: In the Race for World’s Most Valuable Firm
Read More(RTTNews) – Microsoft Corp. (MSFT) has unseated Apple Inc. (AAPL) to rank as the world’s most valuable listed company. The software giant ended Friday with a market value of more than $851 billion compared with Apple’s $847 billion. Both companies remain well below the $1 trillion milestone that Apple and Amazon hit earlier this year. […]
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Micron Technology (MU) – Reversal Around the Corner
Read MoreIn the recent 2 years, Micron Technology (NASDAQ: MU) Investors were in the sky as the stock gained +500% in value since 2016 lows. The global corporation is one of largest semiconductor producer in USA behind giants like Intel & NVDIA. In the recent 6 months, the prices of dynamic random-access memory DRAM and NAND flash memory […]
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Nvidia (NASDAQ:NVDA) – New Buying Opportunity in the Horizon?
Read MoreNvidia Corporation (NASDAQ:NVDA) has grown to become a leader in manufacturing graphic processing units (GPU) for computer and gaming devices as well as Artificial Intelligence (AI). In the recent 2 years, the American company benefited the most from the growth of cryptocurrency and artificial intelligence markets. However, back in October 2018, the stock made a major peak […]