SMH Finds Support After Double Correction, Wave (V) in Motion

by elliottwave-forecast.com | May 14, 2025 4:47 pm
The VanEck Semiconductor ETF (SMH) gives investors access to 25 major U.S.-listed semiconductor companies. The fund includes NVIDIA, Taiwan Semiconductor, Broadcom, Texas Instruments, QUALCOMM, ASML Holding, Applied Materials, Lam Research, Micron Technology, and AMD. Analysts view SMH...

GBPUSD Soars 160 Pips from Blue Box as Buyers Resume

by elliottwave-forecast.com | May 14, 2025 4:37 pm
GBPUSD resumes the bullish cycle from the blue box to give sellers warnings. The pair is still within an incomplete bullish cycle from from September 2022. This blog post shares the setup that gave the Elliottwave-Forecast members...

NVIDIA Corp. $NVDA Extreme Areas Offering Buying Opportunities

by elliottwave-forecast.com | May 13, 2025 3:48 pm
Hello everyone! In today’s article, we’ll examine the recent performance of NVIDIA Corp. ($NVDA) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 21, 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss...

Cameco (CCJ) Emerges from Pullback, Renews Upward Momentum

by elliottwave-forecast.com | May 13, 2025 3:41 pm
Cameco Corporation (CCJ), headquartered in Saskatoon, is a leading uranium producer with significant global mining operations. As a key player in the nuclear energy sector, its performance is closely linked to uranium prices and regulatory developments. Below...

Is WFC Setting Up For A Major Rally?

by elliottwave-forecast.com | May 13, 2025 3:34 pm
Wells Fargo & Company (WFC) provides diversified banking, investment, mortgage, consumer & commercial finance products & services in United States & globally. It operates through four segments; Consumer banking & lending, Commercial banking, Corporate & Investment banking...

Constellation Energy (CEG) Elliott Wave Update: Wave V Has Likely Started

by elliottwave-forecast.com | May 8, 2025 3:59 pm
Constellation Energy resumes its uptrend after completing wave IV. Bullish Elliott Wave structure points toward a strong wave V rally. Constellation Energy Corporation (CEG) has completed a textbook Elliott Wave correction and appears to have resumed its bullish...

USDSGD Blue Box Setup Yields 130 Pips for Short-Term Sellers

by elliottwave-forecast.com | May 7, 2025 4:42 pm
Hello traders and welcome to a new blog post where we discuss recent trades from the blue box. Elliottwave-forecast members took a short trade on USDSGD currency pair as one of the first trades in May 2025....

Carvana Co (CVNA) Kicks Off a Fresh Bullish Cycle

by elliottwave-forecast.com | May 7, 2025 4:21 pm
Carvana Co (NYSE: CVNA) has rebounded impressively over the past 2 years after a 98% decline between 2021 and 2022. The stock recovered most of its losses, forming a strong impulsive structure that signals further upside potential....

Pan American Silver (PAAS): Pullback Nearing End, Upside Potential Ahead

by elliottwave-forecast.com | May 6, 2025 4:10 pm
Pan American Silver Corp. (PAAS) is a mining company based in Vancouver, Canada, focused on silver, gold, zinc, lead, and copper. Founded in 1979, it handles exploration, development, extraction, processing, and refining. The company operates in Canada,...