Shopify (SHOP) Rallied Suggesting Nest Completed.

by elliottwave-forecast.com | November 18, 2024 8:16 pm
Shopify Inc. is a Canadian multinational e-commerce company in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools. Shopify ended a Grand...

Tesla Inc. ( $TSLA) Elliott Wave Analysis: The Rally and What’s Next

by elliottwave-forecast.com | November 18, 2024 7:43 pm
Hello everyone! In today’s article, we’ll examine the recent performance of Tesla Inc. ($TSLA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 4, 2024, low unfolded as a 5-wave impulse and discuss our forecast...

Deflation in China: Impossible to Ignore

by ForexCycle.com | November 14, 2024 4:06 am
By Elliott Wave International Deflation’s grip on the world’s second largest economy is getting tighter. As Bloomberg noted on Sept. 9: China’s Deflationary Spiral Is Now Entering Dangerous New Stage The demand for goods has been weakening....

EUR/USD Update: Downward Trend Continues

by ForexCycle.com | November 14, 2024 2:45 am
The EUR/USD currency pair has been on a downward trajectory, recently dropping from 1.0936 to a low of 1.0550. This decline has raised some important technical levels to watch. Currently, key resistance is identified at 1.0653. As...

XLF Into The New Highs After Reaching Blue Box Area

by elliottwave-forecast.com | November 12, 2024 7:10 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of XLF. In which, the rally from the 05 August 2024 low unfolded as an impulse structure and showed a higher high sequence....

AMD Elliott Wave Calling the Decline After Zig Zag Pattern

by elliottwave-forecast.com | November 12, 2024 7:01 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of AMD stock  published in members area of the website.  As our members know, AMD recently gave us...

Will Costco Wholesale (COST) Providing Opportunity To Buy Soon ?

by elliottwave-forecast.com | November 12, 2024 6:50 pm
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States & globally together with its subsidiaries. It offers branded & private-label products in the range of merchandise categories. It also operates e-commerce...

EURUSD Update: Downside Move Extends as Support Breaks

by ForexCycle.com | November 12, 2024 1:40 am
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move has extended its decline from a high of 1.0936, with the pair dipping as low as 1.0628....

Better Restaurants with Toast, Inc (TOST) Support

by elliottwave-forecast.com | November 11, 2024 7:24 pm
Toast, Inc. (TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale. In addition, the company offers payroll...