A Double three structure is a sideways combination of two corrective patterns. There are several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. A combination...
Here’s a “No duh, Captain Hindsight” statement: Most investors assume that any firm associated with AI will be a huge winner. We hope that’s not you. But if it is, you might wanna cool your jets, Buzz Lightyear....
By Elliott Wave International The trends of the junk bond and stock markets tend to be correlated. The reason why is that junk bonds and stocks are closely affiliated in the pecking order of creditors in case...
SMI is a Swiss Market Index representing a capitalization-weighted measure of the 20 most significant stocks on the SIX Swiss Exchange in Zurich; the ticker is $SMI. In the initial blog article from November 2020, we were calling the “COVID-19”...
In the dynamic world of beauty and cosmetics, e.l.f. Beauty Inc (NYSE : ELF ) has been making waves with its innovative products and customer-centric approach. The company has been riding a strong wave of bullish sentiment, driven...
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of SPDR Consumer Discretionary ETF ($XLY). The rally from 5.31.2023 low unfolded as a 5 wave impulse with...
Pan American Silver (PAAS) continues to extend lower and it looks like the stock is correcting in a flat structure as the second daily chart below shows. The stock is a good representation for the silver mining...
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of ETHUSD published in members area of the website. As our members know, Ethereum has given us good...
Albemarle Corporation (ALB) develops, manufactures & markets engineered specialty chemicals worldwide. It operates through three segments, Lithium, Bromine & Catalysts. It also serves energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals & crop protection markets....
Nio Inc. (NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The company has raised over $5 billions...
