Beyond Meat Inc (NASDAQ: BYND) – Starting an Impulsive Cycle

by elliottwave-forecast.com | February 26, 2020 4:28 pm
Beyond Meat Inc (NASDAQ: BYND) is a producer of plant-based meat substitutes including products designed to simulate chicken, beef, and pork sausage. After IPO, BYND surged 250% for 3 months then it came down erasing all gains and settling around 15% on December...

Elliott Wave View : GDX Looking to Extend Higher

by elliottwave-forecast.com | February 26, 2020 4:27 pm
Short term Elliott wave view in GDX ETF suggests the rally from January 14, 2020 low in wave (3) has ended at 31.98 high. The cycle unfolded as a 5 waves impulse Elliott Wave structure. Up from January...

Elliott Wave View: Nikkei (NKD_F) Reaching Support Area

by elliottwave-forecast.com | February 25, 2020 3:58 pm
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index is doing a larger degree pullback to correct the cycle up from August 26, 2019 low in wave IV, which is unfolding as a flat. Wave...

GBPUSD Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | February 25, 2020 3:57 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. As our members know GBPUSD has incomplete bearish sequences...

Elliott Wave View: Virgin Galactic ($SPCE) Extending The Impulse

by elliottwave-forecast.com | February 21, 2020 5:30 pm
Virgin Galactic ($SPCE) has had an impressive rally after setting all time lows after its IPO in the fall of 2019 and continues to impress as it extends the rally in a wave ((3)) impulse.  Up from...

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...