Elliott Wave View: Facebook (FB) Reaching Support Area

by elliottwave-forecast.com | October 7, 2020 1:16 pm
Elliott Wave view in Facebook (FB) calls the rally from September 21 low as a 5 waves impulse Elliott Wave structure. In the short term chart below, wave 2 is seen to have ended at $245.41. Up...

Matador Resources Co ($MTDR) Bullish Potential

by elliottwave-forecast.com | October 7, 2020 1:15 pm
Energy producers.  It is a sector that has been in a strong bearish trend since the June peak.  But there are some companies that have better structures than others.  Matador Resources is one of those companies that...

$BN : Food Corporation Danone Should Accelerate Higher

by elliottwave-forecast.com | October 5, 2020 3:40 pm
Danone is a multinational food-products corporation. Founded 1919 in Barcelona, it is headquartered in Paris. Through the years, it has seen mergers with Gervais in 1967 and with BSN in 1973.  Danone is a part of CAC40...

Camping World Holdings ($CWH) Bullish Setup Taking Shape

by elliottwave-forecast.com | October 1, 2020 4:31 pm
When COVID-19 took over the world, the last sector in the world that I thought would surge as much as it did, is CAMPING!  It is important to realize, the Marketplace decides what is hot, and what...

Global Stock Markets: Keep Your Eye on This Remarkable “Divergence”

by ForexCycle.com | October 1, 2020 2:15 pm
By Elliott Wave International As you probably know, a “divergence” occurs when one financial market behaves differently from a related financial market. Such occurrences often portend trend changes, albeit, divergences may stretch out for months before a...

Amazon Reacting Higher From Elliott Wave Blue Box Area

by elliottwave-forecast.com | September 29, 2020 4:25 pm
In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave Charts of Amazon ticker symbol: $AMZN, which we presented to members. In which, the rally from 16 March 2020 lows, showed...

$IBM Long Term Bullish Cycle and Elliott Wave Pullback

by elliottwave-forecast.com | September 25, 2020 2:19 pm
$IBM Long Term Bullish Cycle and Elliott Wave Pullback Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the...

OKTA Inc. ($OKTA) Bulls Remain In Charge

by elliottwave-forecast.com | September 25, 2020 2:18 pm
Another Cloud cloud computing name that has vastly outperformed the market since March 2020 low, is none other than OKTA. This name has been a solid performer since the IPO, and remains favoured to extend higher in...

Southwest Airlines (LUV) Getting Close to Take Off

by elliottwave-forecast.com | September 25, 2020 2:17 pm
At Elliottwave-Forecast, we are always looking for an edge to get clues about the next market move and hence be able to better anticipate the next market move. We look at a number of instruments from around...

NetEase Inc. ($NTES) Strong Bullish Trend

by elliottwave-forecast.com | September 18, 2020 4:07 pm
Cloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low.  NetEase Inc is in the cloud computing business, focused on community, communications, commerce and video games.  Lets take a...