Goldman Sachs (GS) Should Continue Rally After Dropping To A Blue Box

by elliottwave-forecast.com | December 19, 2022 4:30 pm
The Goldman Sachs Group, Inc. (GS) is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. The company invests in and arranges financing for startups, and in many cases gets additional...

Occidental Petroleum Corporation ($OXY) Provides a Blue Box Opportunity.

by elliottwave-forecast.com | December 19, 2022 4:12 pm
Hello Everyone! In this technical blog, we are going to take a look at the Elliott Wave path in Occidental Petroleum Corporation ($OXY). Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States, and the Middle East as...

USDCHF Leading the path in USDX

by elliottwave-forecast.com | December 19, 2022 3:31 pm
An interesting pair to look at to identify the path of the USDX after 9.28.22 peak is the USDCHF. We all know and seen the USDX rallying within wave ((3)) during the last 1 and a half...

NZDJPY Found Support At The Equal Legs Area & Reacted Higher

by elliottwave-forecast.com | December 15, 2022 7:12 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of NZDJPY. In which, the rally from 11 November 2022 low is unfolding as an ending diagonal structure and showed a...

Starbucks ($SBUX) Should Pullback At Any Moment

by elliottwave-forecast.com | December 14, 2022 2:52 am
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...

HCA : Should It Be Ready For Next Rally ?

by elliottwave-forecast.com | December 12, 2022 4:57 pm
HCA Healthcare, Inc., (HCA) provides health care services company in the United States. The company operates general & acute care hospitals that offers medical & surgical services, including inpatient care, intensive care, cardiac care, diagnostic & emergency...

Pan American Silver (PAAS) Bottom Can be In Place

by elliottwave-forecast.com | December 12, 2022 4:47 pm
Silver (XAGUSD) has ended correction to the cycle from 2020 low and turning higher. This would suggest that silver miners most likely have formed the bottom as well. Below is the chart of Pan American Silver (ticker:...

0857: Can Oil Giant PetroChina Accelerate Higher?

by elliottwave-forecast.com | December 12, 2022 4:35 pm
PetroChina Company Limited  is a Chinese oil and gas company and is the listed arm of the state-owned China National Petroleum Corporation (CNPC). Behind only Saudi Aramco and before another Chinese company Sinopec, it is the second...