Chipotle Mexican Grill (NYSE: CMG) is an American chain of fast casual restaurants which has 29 locations outside of the United States. Last month, the company announced fourth-quarter sales, revenue, and earnings growth that topped Wall Street’s expectations. The...
Since forming the low on Oct 26, 2018 low, Nifty has rallied higher and now is challenging the 2018 high (11760.20). A break above 2018 high will signal that the Index has ended the entire correction from...
Advanced Micro Devices (AMD) which is a multinational semiconductor company. Is following the overall structure of other World Indices. The stock is trading within a corrective sequence within the Grand Supercycle degree. From its all-time low, it...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website. As our members know, the Index has incomplete bullish...
In this blog, we will take a look at the price action and Elliott wave structure of Crude Oil since December 24, 2018 low. Understanding the structure of initial rally up from December 24, 2018 low reveals...
IBEX Elliott Wave sequence from 12.28.2018 low remains bullish, favoring further upside. Near term, the rally from Feb 11, 2019 low (8834.3) is unfolding as a zigzag Elliott Wave structure. The first leg of this zigzag wave...
Is There a Bottom for SNAP ? On March 3, 2017 shares of Snap Inc ( NYSE: SNAP ) printed a now all-time high of $29.44. Ever since then the social media/ camera company has seen very...
Lockheed Martin Corp (NYSE: LMT) is the largest defense, aerospace and advanced technologies company based in the United States employs approximately 105000 people worldwide. The company operates mainly on four business segments i.e Aeronautics, Missiles & Fire control,...
Vale is a Brazilian multinational mining corporation and also is the largest producer of iron ore and nickel in the world. In 2016, many commodities saw significant moves to the upside with the rise of Oil and Gold prices. The move...
In our previous Chart of The Day on February 28, we suggested that Crude Oil (CL_F) is on the verge of a breakout. It has now confirmed our view as price extends higher and breaks above March...