BAC Forecasting The Decline From The Blue Box
In this technical blog we’re going to take a quick look at the charts of Bank Of America (BAC) published in members area of the website. As our members know BAC made 5 waves down from the...
Tag: ELLIOTTWAVE
$BAYN : Bayer Should Resume Rally To New Highs Or Recover In 3 Waves Minimum
Bayer Ag is one of the largest pharmaceutical companies in the world. Founded in 1863 and headquartered in Leverkusen, Germany, Bayer’s most famous product was aspirin. Today, the company is a part of DAX30 and of SX5E indices....
$BMW : BMW stock is finally ready to accelerate higher
BMW is one of the biggest german car manufacturers excelling in quality and technical characteristics. From march 2015, the performance of the stock price $BMW being part of DAX is, however, in a steady decline. As a...
Moderna Inc ($MRNA) Bulls In Control
The next entry in the theme of Corona Virus stocks is Moderna Inc. Moderna has had a more steady advance during the COVID-19 spreading worldwide. As such, it is a bit more stable than other names I...
Elliott Wave View: GDX Extends Higher to 7 Year High
Elliott Wave view in Gold Miners ETF (GDX) suggests the rally from March 16, 2020 low is unfolding as a 5 waves impulsive structure. Up from March 16 low, wave (1) ended at 27.21 and pullback in...
Gold against Euro Dollar (XAUEUR) Running to All-Time High
IMF (International Monetary Fund) projects the European nations will experience a 7.5% GDP contraction this year. EU nations have been some of the hardest hit by Covid-19. Even before the pandemic, the European economy is already sluggish....
GBPJPY Found Sellers At The Blue Box Area
In this blog, we are going to take a look at the Elliottwave chart of GBPJPY. The 4 hour chart update below from 15 April shows that the cycle from December 12, 2019 high unfolded as 5...
COPPER ( $HG_F ) Forecasting The Decline From The Blue Box Area
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of COPPER ( $HG_F ) published in members area of the website. As our members know, COPPER has given us...
How Price Gaps Help Traders Hit the “TARGET” of Opportunity
By Elliott Wave International As many of us continue the process of working from home, isolated with young children and significant others day in and day out, the subject of price gaps feels paradoxically fitting. Here’s why:...
Elliott Wave View: Bank of America (BAC) Resumes Lower
Elliott Wave view in Bank of America (BAC) suggests the decline from January 15, 2020 high is unfolding as a 5 waves impulse. Down from January 15 high, wave (1) ended at 32.47 and bounce in wave (2)...