Royal Gold is an ETF with a higher degree correlation with Gold and might show a path for an expected move higher in Gold into the $2700.00 area. The Symbol shows five swings or waves since the all-time lows, which is a bullish structure. In the Elliott wave Theory, every time five waves or swings […]

Since March 2020 crash, Alcoa (AA) has risen in share value around 800% and with the high prices of the Aluminum it must continue rising its value. Besides, AA has built an incomplete impulse and it needs to keep the rally to develop the whole structure. We are considering a target above $47.00 dollars in […]

Temperatures Soaring – Is it time for a Coca Cola drink? In today’s article, we will look at the difference between COKE and KO tickers and determine whether it’s the right time to consume Coca Cola (COKE) or should we leave it in the refrigerator for now and wait for it to become Ice cold? […]

Since the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going to try to build an impulse from the March 2020 lows with a target around $230. Target measured […]

Today, I am following up on the article I posted in May 2021, which was looking for Microstar to bottom imminently for the next leg higher.  You can view this article here The stock has bottomed as expected, and has started to rally and show signs that the next leg higher is underway.  Here’s the […]

The last time we talked about America Airlines (AAL) was in March of last year. When the market had crashed globally. At that time, we analyzed that AAL stocks had reached an important buying zone, a zone that in Elliottwave Forecast we call “The Blue Box”. Here you can review the article in question: American […]