Has Draft Kings ($DKNG) Bottomed and Ready to Rally? (Update)

by elliottwave-forecast.com | August 4, 2022 3:00 pm
Good day Traders and Investors. In today’s article, we are going to follow up on Draft Kings ($DKNG) forecast posted back in January 2022 and take a look at the latest Daily count. You can find the...

Pan American Silver (PAAS) Still May See Further Downside

by elliottwave-forecast.com | August 3, 2022 2:49 pm
Commodities have been pulling back after the first half year rally due to inflation and war in Ukraine. The Fed has hiked rates a few times to tame the inflation, and all types of commodities have taken...

GBPUSD Elliott Wave Zig Zag Pattern Forecasting The Path

by elliottwave-forecast.com | August 2, 2022 2:22 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD .  As our members know, GBPUSD is in process of forming Elliott Wave Zig Zag Pattern...

Starbucks ($SBUX) Ended A Double Correction And It Should Continue Higher

by elliottwave-forecast.com | August 1, 2022 3:04 pm
Starbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of...

Amazon (AMZN) Elliott Wave : Impulsive Sequences Calling The Rally

by elliottwave-forecast.com | August 1, 2022 2:35 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Amazon stock.  We have been calling for the rally in the stock due to impulsive bullish sequences...

OKE : Should Expect More Weakness After A Corrective Bounce

by elliottwave-forecast.com | August 1, 2022 2:21 pm
ONEOK, Inc., (OKE) together with its subsidiaries, engages in gathering, processing, storage & transportation of natural gas in the United States. It operates through Natural gas gathering & processing, Natural gas liquids & Natural gas pipelines segments....

$VZ: Verizon Communications is Trading within Buying Area

by elliottwave-forecast.com | July 28, 2022 2:03 pm
Verizon Communications Inc., commonly known as Verizon, is an US American telecommunications giant. Founded in 1983 as Bell Atlantic, it is a result of the break up of the Bell System into seven regional Baby Bells. Headquartered...

Updated Canopy Growth Corporation ($CGC) 4H Forecast

by elliottwave-forecast.com | July 27, 2022 3:32 pm
Good day Traders and Investors. In today’s article, we are going to follow up on Canopy Growth Corporation ($CGC) forecast posted back in April 2022 and take a look at the latest 4H count. You can find...

Renminbi ($USDCNH) Started A Correction Phase As Expected

by elliottwave-forecast.com | July 27, 2022 3:16 pm
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction...

AMX : Should Expect Short Term Pullback

by elliottwave-forecast.com | July 26, 2022 3:39 pm
America Movil, S.A.B. de C.V. (AMX) provides telecommunication services in Latin America & internationally. The company offers wireless & fixed voice services, including local, domestic & international long distance services & network interconnection services along with data...