MicroStrategy ($MSTR) Continues to move higher

by elliottwave-forecast.com | November 12, 2021 4:16 pm
The last time I charted this name was back in the summer of 2021 (article can be viewed here).  At the time, the price of the stock was 646.00.  I was looking for some continuation higher against...

NVDA Made New All-Time Highs From Blue Box Area

by elliottwave-forecast.com | November 12, 2021 4:16 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of Nvidia stock ticker symbol: NVDA. In which, the rally from 08 March 2021 low ended wave (III) in an impulse...

Emerging Markets: How to Get a Grip on “Chaos of History”

by ForexCycle.com | November 11, 2021 11:32 pm
The MSCI Emerging Markets Index is composed of 1,400 stocks from 27 nations. You’d think that the trillions of buy/sell decisions from across the region would result in a chaotic-looking chart. But the opposite is true. Our...

How Emerging Markets ETF Followed a Classic Elliott Wave Pattern

by ForexCycle.com | November 10, 2021 1:46 am
By Elliott Wave International A Charles Schwab survey shows that 15% of today’s retail investors started investing in 2020. And, regarding 2021, an August 2 CNBC headline said: New investors are jumping into the market So, when...

GOOGL: Another Blue Box Buy Resulted in New Highs

by elliottwave-forecast.com | November 9, 2021 3:25 pm
Another good trading opportunity we have had lately is in GOOGL stock. Stock has been an impulsive rally since 10.4.2021 low with wave (1) completed at $2874.99, wave (2) completed at $2700, wave (3) completed at $2973...

$QQQ ETF Elliott Wave & Long Term Cycles

by elliottwave-forecast.com | November 9, 2021 3:25 pm
$QQQ ETF Elliott Wave & Long Term Cycles Firstly the QQQ instrument inception date was in March 1999. That was before it ended a larger cycle up from the all time lows in March 2000. The ETF...

Elliott Wave View: GATO Should Extend Higher

by elliottwave-forecast.com | November 9, 2021 3:24 pm
Gatos Silver, Inc (GATO) engages in the exploration, development & production of the precious metals. It primarily explores the Silver Ores including Zinc, Lead, Copper & Gold Ores. It’s flagship asses is the Cerro Los Gatos mine...

FCOJ: Frozen Concentrated Orange Juice Provides Opportunity

by elliottwave-forecast.com | November 8, 2021 4:02 pm
In the original article from March 2021, we have discussed the price action and the outlook for the Frozen Concentrated Orange Juice. Today, we present un updated view. As it has been expected, the soft commodities have advanced....

$LMT : Lockheed Martin Provides Opportunity in Pullback

by elliottwave-forecast.com | November 8, 2021 4:01 pm
Lockheed Martin is one of the the largest defense, arms and aerospace companies based in the United States and the world. It employs approximately 110’000 people worldwide. The company operates mainly on four business segments, i.e., Aeronautics,...

Junior Gold Miners (GDXJ) Have Ended Correction

by elliottwave-forecast.com | November 8, 2021 4:00 pm
Gold and related miners formed a high on August 2020 and they have pulled back for more than 1 year. In our last article from 2 months ago, we provided a support area of $18.5 – $32.6. It...