Bausch Health (BHC) Drops More than 10% After Q4 Results

by elliottwave-forecast.com | February 20, 2020 4:29 pm
Bausch Health (Ticker: BHC) reported Q4 revenue of $2.22 billion, which is a 5% YoY increase.  The result was slightly higher than the consensus estimate of $2.2 billion. The company also reported a $1.51 billion net loss,...

INDU Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | February 20, 2020 4:28 pm
Hello fellow traders. INDU is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU, published in members area of...

CADJPY Forecasting The Bounce From Blue Box Area

by elliottwave-forecast.com | February 19, 2020 4:18 pm
In this blog, we are going to take a look at the Elliottwave chart of CADJPY.  The rally from August 26, 2019 low unfolded as 5 waves impulsive move up in wave (A) as a diagonal.  Based on...

EURNZD Elliott Wave Path

by elliottwave-forecast.com | February 19, 2020 4:16 pm
In this technical blog, we are going to take a look at the past performance of EURNZD, 1-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...

Elliott Wave View: Oil Shows 5 Waves Rally

by elliottwave-forecast.com | February 19, 2020 4:14 pm
Short term Elliott wave view in Oil (CL_F) suggests the rally from February 5 low shows a 5 swing bullish sequence. We label the rally as an impulse Elliott Wave structure with a nest. Up from February...

Elliott Wave View: PayPal (PYPL) Right Side Remains Bullish

by elliottwave-forecast.com | February 19, 2020 4:13 pm
As US indices were making lower lows in January and February of 2019, PYPL was making higher lows setting up a bullish structure within a larger impulse up against its All Time Low of 30.00 set on...

$SLV Ishares Silver Trust Larger Cycles and Elliott Wave

by elliottwave-forecast.com | February 18, 2020 6:17 pm
$SLV Ishares Silver Trust Larger Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 that...

Elliott Wave View: EURUSD Can Bounce Soon

by elliottwave-forecast.com | February 18, 2020 6:16 pm
Short term Elliott wave view in EURUSD suggests the cycle from December 31, 2019 high is unfolding as an impulse wave. Down from December 31, wave (1) ended at 1.0991 low and the bounce in wave (2)...

Bristol-Myers Squibb ( NYSE: BMY ) Aiming for New All Time Highs

by elliottwave-forecast.com | February 18, 2020 6:16 pm
Bristol-Myers Squibb (NYSE: BMY) is an American pharmaceutical company which manufactures prescription pharmaceuticals and biologics in several therapeutic areas with particular success in cardiovascular treatments. Since 2008, BMY established an impulsive rally taking the stock to new all time highs...