E.ON SE is a German electric utility company and by revenue one of the largest electric utility providers in the world. Created in 2000 through the merger of VEBA and VIAG and headquartered in Essen, Germany, the...
AstraZeneca is a British-Swedish multinational pharmaceutical and biopharmaceutical company. Founded in 1999 and headquartered in Cambridge, UK, it is a merger of the Swedish Astra AB and British Zeneca Group. Astrazeneca is a part of FTSE100 index....
When the pandemic’s first wave first hit in March-April of this year, it was a bleak moment — and a crazy moment to turn bullish, from a conventional standpoint. And yet, that’s exactly what one analyst did. In early...
Many times, we hear in the argot of technical analysis the term “Equal Legs”, which sounds very strange and does not make sense to the world of finance. However, this term is especially important when making a...
The EV sector has has a very lucrative 2020. Xiaopeng stock has risen from a low of 17.11 to a peak of 78.00 and seems to be correcting the cycle from the all time low. This chart...
By Elliott Wave International Isn’t all debt “bad”? Well, in a word, no. Broadly speaking, there are two types of debt. One of them actually adds value to the economy if handled in the right way, so you might...
Another instrument that we have been trading lately is Bitcoin ( $BTCUSD ) cryptocurrency from Group 2. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BTCUSD, published in...
By Elliott Wave International Financial history shows that many investors are out of the stock market at major bottoms and “long” the stock market at major tops. In other words, they miss important turns. Why is this...
Rally in Oil (CL) from Nov 2 low is unfolding as 5 waves impulsive Elliott Wave structure. In the 60 minutes chart below, we can see wave 3 of this impulse ended at 47.74. Wave 4 pullback then...
Arcimoto off the March 2020 low has been on an amazing rally. With the stock price rallying from $1 to $20, it has enjoyed a 2000% gain in under a year. Arcimoto is an electric vehicle company headquartered...