Elliott Waves: Your “Rhyme & Reason” to Mainstream Market Opinions

by ForexCycle.com | August 6, 2022 3:18 am
By Elliott Wave International It’s understandable why investors with little experience consult the market opinions of professionals. But many of these new investors are left scratching their heads. Two headlines from July 29 indicate why: [Fundstrat Managing...

Will the S&P 500 Index Go the Way of Meme Stocks?

by ForexCycle.com | August 4, 2022 2:18 am
By Elliott Wave International You don’t hear much about the meme stock craze anymore — and for good reason. It’s all but dead and has been for months (Barron’s, Jan. 28): A Year After It Began, Meme-Stock...

Pan American Silver (PAAS) Still May See Further Downside

by elliottwave-forecast.com | August 3, 2022 2:49 pm
Commodities have been pulling back after the first half year rally due to inflation and war in Ukraine. The Fed has hiked rates a few times to tame the inflation, and all types of commodities have taken...

GBPUSD Elliott Wave Zig Zag Pattern Forecasting The Path

by elliottwave-forecast.com | August 2, 2022 2:22 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD .  As our members know, GBPUSD is in process of forming Elliott Wave Zig Zag Pattern...

Starbucks ($SBUX) Ended A Double Correction And It Should Continue Higher

by elliottwave-forecast.com | August 1, 2022 3:04 pm
Starbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of...

Amazon (AMZN) Elliott Wave : Impulsive Sequences Calling The Rally

by elliottwave-forecast.com | August 1, 2022 2:35 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Amazon stock.  We have been calling for the rally in the stock due to impulsive bullish sequences...

OKE : Should Expect More Weakness After A Corrective Bounce

by elliottwave-forecast.com | August 1, 2022 2:21 pm
ONEOK, Inc., (OKE) together with its subsidiaries, engages in gathering, processing, storage & transportation of natural gas in the United States. It operates through Natural gas gathering & processing, Natural gas liquids & Natural gas pipelines segments....

$VZ: Verizon Communications is Trading within Buying Area

by elliottwave-forecast.com | July 28, 2022 2:03 pm
Verizon Communications Inc., commonly known as Verizon, is an US American telecommunications giant. Founded in 1983 as Bell Atlantic, it is a result of the break up of the Bell System into seven regional Baby Bells. Headquartered...