Hello Traders! Today, we will look at the Elliott Wave structure of Australian Securities Exchange Ltd (ASX) and explain why more downside can happen before higher soon. Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia’s primary securities exchange. The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament […]

Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of Invesco Nasdaq ETF ($QQQ). The rally from 10.13.2022 low unfolded as a 5 wave impulse. So, we expected the pullback to unfold in 7 swings and find buyers again. We will explain the structure & […]

DraftKings is an US American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League football, NASCAR auto racing and more. Founded in 2012 and headquartered in Boston, Massachusetts, USA, the stock can be traded under ticker $DKNG at […]

Shopify (NYSE: SHOP) is a cloud-based commerce platform that provides software for building and operating e-commerce businesses. In Q3 FY2023, Shopify’s revenue was up 25% YoY and gross profit was up 36% YoY. The company also reported positive free cash flow for the fourth consecutive quarter, which reached 16% of revenue. After the news, SHOP surged […]

In this article, we’re going to take a quick look at the Elliott Wave charts of ES_F (E-mini S&P 500) published in the members area of the website.  As our members know, E-mini S&P500 is trading within the cycle from the October 13, 2022 low (3502). The rally so far is in 3 waves but has scope […]

Nikola corporation is an US American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. The company delivered first two battery-electric trucks in December 2021. In 2022, Nikola has projected deliveries of between 300 and 500 of its battery-electric semitrucks — known as the Nikola Tre — to customers. Like Tesla, Inc., the company […]