Twitter: Good Timing For The Buyer, Bad Timing For The Sellers

by elliottwave-forecast.com | May 5, 2022 1:55 pm
Twitter (TWTR) has been in the news later when the board agreed to sell the company to Elon Musk for $54.20 per share, around 44 billion dollars. The deal has not been completed, and it is pending...

Chevron ($CVX) Still Powering Higher

by elliottwave-forecast.com | May 4, 2022 2:05 pm
The last time I covered Chevron was in March 2022. And I was expecting a larger cycle to pull back in ((4)) before resuming higher. Lets take a look at the view I was presenting back then and...

$FXB British Pound ETF; Can it Bounce or Not?

by elliottwave-forecast.com | May 3, 2022 3:39 pm
$FXB British Pound ETF; Can it Bounce or Not? Firstly the British Pound Sterling tracking ETF fund FXB  inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is favored ended in this analysis....

$SPX: The Expanded Flat, Which Tricked Buyers Last Month.

by elliottwave-forecast.com | May 3, 2022 3:28 pm
The Expanded Flat is one of trickiest structures in the Elliott Wave Theory. The structure comes with a strong reaction after new highs are made. But the idea is that the reaction comes in five waves, which...

Houston American Energy ($HUSA) Ready To Rally?

by elliottwave-forecast.com | April 28, 2022 1:41 pm
Houston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022.  After the pullback, can the rally continue? Lets take a look at their company profile: “Houston American Energy Corp ...

RRR : Pulling Back in II Before Rally Resumes

by elliottwave-forecast.com | April 27, 2022 1:53 pm
Red Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical...

GE (General Electric) Got Rejected On Earning Reports

by elliottwave-forecast.com | April 27, 2022 1:42 pm
In this technical blog, we will take a look at the past performance of 1 Hour Elliott wave chart of General Electric aka GE presented at elliottwave-forecast.com. In which, the stock showed a lower low sequence from...

$UUP Can See Another High In The Longer Term Cycles

by elliottwave-forecast.com | April 26, 2022 1:54 pm
$UUP Can See Another High In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a...