$POWW : Ammo Incorporated Shows High Upside Potential

by elliottwave-forecast.com | October 5, 2021 4:15 pm
Ammo Incorporated is an U.S. American defense company producing high-quality ammunition. The company owns STREAK (R), HyperClean and military ammunition technologies. Headquartered in Scottsdale, Arizona, USA,  Ammo can be traded under the ticker $POWW at Nasdaq. Ammo Monthly Elliott...

Disney Ended A Cycle And A Double Three Is In Play

by elliottwave-forecast.com | October 5, 2021 4:15 pm
Since the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going...

GBPUSD Close to Support Levels

by elliottwave-forecast.com | October 4, 2021 2:35 pm
US Dollar has been rallying in the past few months ahead of the expected tapering by the Fed and rising yields. However, it doesn’t change the long term bullish outlook in Pound Sterling. The pullback in GBPUSD...

Facebook Reacted Lower After Ending Flat Correction

by elliottwave-forecast.com | October 4, 2021 2:34 pm
In this technical blog, we are going to take a look at the past performance of Facebook stock 1hr chart presented to members at elliottwave-forecast.com. In which the decline from September 01, 2021, high unfolded as Elliott...

Platinum Futures: Long-Term Elliott Wave Analysis

by elliottwave-forecast.com | October 1, 2021 3:12 pm
Platinum is a metal which is used in jewelry, decoration and dental work. The metal and its alloys are also used for electrical contacts, fine resistance wires and medical / laboratory instruments. An alloy of platinum and...

Matador Resources Co ($MTDR) Advancing in 5th Wave

by elliottwave-forecast.com | October 1, 2021 3:10 pm
The last time I analyzed this company (article can be found here), it was close to setting a low in wave ((2)) before moving higher in a wave ((3)). Before I get into the charts, lets check...

$PFE Elliott Wave Cycles & Long Term Bullish Trend

by elliottwave-forecast.com | October 1, 2021 3:09 pm
$PFE Elliott Wave Cycles & Long Term Bullish Trend The Pfizer Long Term Bullish Trend and Elliott Wave Cycles suggest the stock price will be trending higher. The cycles project it should continue toward the April 1999...

$NEM Longer Term Bullish Cycles of The Newmont Corporation

by elliottwave-forecast.com | October 1, 2021 3:08 pm
$NEM Longer Term Bullish Cycles of The Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle...

Silver Miners ETF (SIL) Has Reached Support Area

by elliottwave-forecast.com | September 30, 2021 4:21 pm
Silver Miners ETF (SIL) has been consolidating since bottoming on January 2016 low at 14.94. Presently, it has reached 100% fibonacci extension from August 2020 peak at $26.2 – 35.3. This means the instrument can soon see...

LUV (Southwest Airlines) shows a nice Elliott wave structure

by elliottwave-forecast.com | September 30, 2021 4:20 pm
LUV (Southwest Airlines) shows a very constructive price action since the all-time lows. We can see a very nice impulse or five waves into the peak in 2017. The Elliott Wave Theory’s main message is that the...