SMH Semiconductor ETF Rally Continuation Should Be Around the Corner
The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that tracks a market-cap weighted index composed of 25 of the largest U.S.-listed semiconductor companies. The top holdings of SMH include companies like NVIDIA, Taiwan Semiconductor Manufacturing, Broadcom…
The Elliott Wave Analysis For Lululemon Athletica (NASDAQ: LULU) On Different Timeframes
The Elliott Wave analysis for Lululemon Athletica (NASDAQ: LULU) provides a detailed examination of its ongoing corrective structure within a larger five-wave impulsive sequence. Daily Elliott Wave Counts: On the…
GDX Found Sellers As Expected From Blue Box Area
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Gold miners ETF ticker symbol: GDX. In which, the decline from…
NextEra Energy (NEE) Should Expect Bounce From Inflection Area
NextEra Energy, Inc., (NEE) through its subsidiaries generates, transmits, distributes & sells electric power to retail & wholesale customers in North America. The company generates electricity, through wind, solar, nuclear,…
Hindustan Copper’s Elliott Wave Counts
Weekly Elliott Wave Counts Suggest The Correction Is Nearing Completion The Elliott Wave analysis for Hindustan Copper Ltd. (NSE) indicates a correction on the weekly chart. The broader structure follows…
Modine Manufacturing Co. $MOD Update: 5 Waves Ended – Corrective Pullback Underway
Hello Traders! In today’s update, we’ll revisit the Elliott Wave structure of Modine Manufacturing Co. ($MOD) and provide insights into the next phase of its price action. You can check…
IWM Analysis: Where Should Buyers Look For Next Opportunity?
IWM barely breached the November 2021 high before a significant pullback followed. However, the larger bullish cycle should resume in the coming weeks while current pullback ends above 161.69 pivot…
Elliott Wave View: S&P 500 (SPX) Looking for a Double Correction
Short Term Elliott Wave view in S&P 500 (SPX) suggests the rally to 6099.6 ended wave ((3)). Pullback in wave ((4)) is currently in progress to correct cycle from December…
Rigetti Computing RGTI Ended a Cycle Looking for Support
In the last two days, RGTI has had a strong fall, losing more than 50% of its value. The stock ended a cycle and began a correction. Now we are…