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$DKNG: DraftKings Offers an Opportunity in a Pullback
Read MoreDraftKings 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 $DKNG at […]
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Shopify (SHOP) Daily Bullish Structure Leading the Way
Read MoreShopify (NYSE: SHOP) is a cloud-based commerce platform that provides software for building and operating e-commerce businesses. In Q3 FY2023, Shopify’s revenue was up 25% YoY and gross profit was up 36% YoY. The company also reported positive free cash flow for the fourth consecutive quarter, which reached 16% of revenue. After the news, SHOP surged […]
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ES_F (E-mini S&P) Reaction from Equal Legs Area
Read MoreIn this article, we’re going to take a quick look at the Elliott Wave charts of ES_F (E-mini S&P 500) published in the members area of the website. As our members know, E-mini S&P500 is trading within the cycle from the October 13, 2022 low (3502). The rally so far is in 3 waves but has scope […]
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$NKLA: Nikola Corporation Preparing Acceleration
Read MoreNikola 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 […]
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Platinum (PL) Correction Remains In Progress
Read MorePlatinum (PL) is still correcting cycle from 9.1.2022 low before the rally resumes. We also present an alternate view if the pivot at September 2022 low (796.8) fails. If it breaks below 796.8, it suggests a bigger correction against March 2020 low. In the higher time frame, the metal is in a bullish grand super […]
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SPDR Utilities Select Sector ($XLU) Is Poised To Rally Soon From a Blue Box Area
Read MoreHello Traders! Today, we will look at the Elliott Wave structure of SPDR Utilities Select Sector ($XLU) and explain why the stock is bound to end a cycle and bounce soon. The Utilities Select Sector SPDR® Fund seeks to provide investment results that correspond generally to the price and yield performance of the Utilities Select Sector […]