Under Armour (Sportswear) Ready for Glory Days

Under Armour ( UAA ) 01.02.2017 Monthly Chart

SportsWear Market Analysis When people talk about Sportswear , you will always hear either Nike or Adidas as they are the most used brands in the world despite other known names like Puma , Asics or Converse . Nike established it self as the world’s leading innovator in sports related footwear, clothing, tools and accessories beating Adidas which is the largest sportswear manufacturer in the European Continent . However in 2014 , Under Armour ( American sports clothing and accessories company ) … [Read more...]

DAX Elliott Wave Forecast 1.6.2017

$DAX 6020170105211622

The rally in DAX from 11/9/2016 is unfolding as a triple three where wave (W) ended at 10798, wave (X) ended at 10400, wave (Y) ended at 11487, and second wave (X) ended at 11404.3. With a break above wave (Y) at 11487, DAX is showing 9 swings up from 11/9/2016 low, which favors more upside. Up from 11404.3, wave ((w)) ended at 11649.5, and wave ((x)) pullback is in progress in 7 swing to correct cycle from 12/30 (11403) low before Index turns higher again. Potential target for wave ((x)) … [Read more...]

DAX Elliott Wave Forecast 1.5.2017

$DAX 6020170104212835

The rally in DAX from 11/9/2016 is unfolding as a triple three where wave (W) ended at 10798, wave (X) ended at 10400, wave (Y) ended at 11487, and second wave (X) ended at 11403. With a break above wave (Y) at 11487, DAX is showing 9 swings up from 11/9/2016 low, which favors more upside. Up from 11403, wave ((w)) ended at 11649.5, and wave ((x)) pullback is in progress in 7 swing to correct cycle from 12/30 (11403) low before Index turns higher again. Potential target for wave ((x)) pullback … [Read more...]

DAX Elliott Wave Forecast 1.4.2017

$DAX 6020170104212835

The rally in DAX from 11/9/2016 is unfolding as a triple three where wave (W) ended at 10798, wave (X) ended at 10400, wave (Y) ended at 11487, and second wave (X) ended at 11403. With a break above wave (Y) at 11487, DAX is showing 9 swings up from 11/9/2016 low, which favors more upside. Up from 11403, wave ((w)) ended at 11649.5, and wave ((x)) pullback is in progress in 7 swing to correct cycle from 12/30 (11403) low before Index turns higher again. Potential target for wave ((x)) pullback … [Read more...]

DAX Elliott Wave Forecast 1.3.2017

$DAX 6020170102214152

DAX has continued to make a new high at the start of the 2017. The Index is currently showing a 5 swing sequence from 12/12 low, which favors more upside. The rally from 12/12 low (11141) is now unfolding as a double three where wave (w) ended at 11483 and wave (x) ended at 11403. Internal structure of wave (y) is unfolding as a double three structure where wave w ended at 11622.5 and wave x pullback is in progress to correct from 12/30 low (11403) before DAX resumes rally higher again. We don't … [Read more...]

Do you want Tesla shares (TSLA) in your Portfolio ?

TESLA 12.27.2016 Weekly Chart

Tesla Motors is an American automaker and energy storage specializing in electric cars and battery charging equipment . Its chairman Elon Musk who's also CEO of SpaceX and Co-Founder of SolarCity ,  has said that he visualize Tesla Motors as a technology company and independent automaker, aimed at offering electric cars at prices affordable to the average consumer. Tesla acquired SolarCity (NSDQ:SCTY) in November and with Tesla's "Model 3" electric care generating a record-breaking $10 billion … [Read more...]