UNFI : Expect Pulling Back Before Next Leg Higher

by elliottwave-forecast.com | June 17, 2022 2:06 pm
United Natural Foods Inc., (UNFI) together with its subsidiaries, distributes natural, organic, specialty, produce & conventional grocery & non-food products in the US and Canada. It operates in two segments, wholesale and retail. It is based Providence,...

Uranium Miners ETF (URA) Support Area

by elliottwave-forecast.com | June 16, 2022 2:31 pm
The long term fundamental background for Uranium is very promising. Shift towards green energy and less reliance on Russian’s oil should support Uranium. One way to capitalize on this opportunity is with the Uranium Miners ETF (URA). The...

$SIE: Siemens to Accelerate Higher amid Sanctions War?

by elliottwave-forecast.com | June 15, 2022 3:21 pm
Siemens SE is a German multinational conglomerate company and by revenue the largest industrial manufacturing enterprise in Europe. Company’s principal business divisions are Industry, Energy, Healthcare, Infrastructure & Cities. Founded in 1847 and headquartered in Munich, Germany,...

Houston American Energy Corp ($HUSA) Pulling Back Before Rallying

by elliottwave-forecast.com | June 15, 2022 3:04 pm
Houston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022.  and has recently struck a low for the next move higher.  Lets take a look at what the company...

Goldman (GS) Hit Our Target And We See More Downside To Come

by elliottwave-forecast.com | June 14, 2022 3:43 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...

USDCAD Elliott Wave : Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | June 13, 2022 3:24 pm
Hello fellow traders. Another instrument we have traded lately is USDCAD. As our members know, we’ve been favoring the long side in USDCAD due to incomplete bullish sequences the pair  is showing in the weekly cycle from...

AUG (Gold/Silver Ratio): The Ratio Showing The Path Of Silver

by elliottwave-forecast.com | June 7, 2022 3:22 pm
The Gold to Silver Ratio (AUG) is always a good indicator of the path of commodities and the $USDX. The ratio found sellers on March.2020, and the peak agrees with the peak in the $USDX back in...

$AOUT: American Outdoor Brands Towards New Rally

by elliottwave-forecast.com | June 7, 2022 2:41 pm
American Outdoor Brands, formerly known as Smith & Wesson Holding Corporation, is an US American manufacturer of outdoor sports and recreation products. The company holds currently 18 brands of outdoor equipment. Headquartered in Columbia, Missuri, USA, investors can...

Nine Energy Services ($NINE) Extension Higher Favoured

by elliottwave-forecast.com | June 7, 2022 2:29 pm
The last time I covered Nine Energy Services was back in Apri 2022.  At the time, the stock was looking like more upside was favoured.  Before we get into the charts, lets get a refresher on this...

Nasdaq Forecasting The Path Using Elliott Wave Theory

by elliottwave-forecast.com | June 7, 2022 2:22 pm
In this blog, we will take a look at the recent rally in Nasdaq Futures up from May 20, 2022 low, structure of this rally and some charts from the recent past showing our forecast calling for...