Amazon Soared After Q4 Earnings Beat

by elliottwave-forecast.com | February 6, 2020 4:57 pm
Amazon (ticker: AMZN) recently reported Q4 2019 earnings. The result of $45.7 billion online sales surpassed the Q4 2018 number of $39.8 billion. The company also announced they currently have over 150 million Prime subscribers globally. In...

TSLA Powerful Elliott Wave (III) Started From The Blue Box

by elliottwave-forecast.com | February 5, 2020 3:59 pm
TSLA has gained 447% since June 2019 and the vertical rally suggests it is super cycle wave (III) of an Elliott Wave Impulse structure up from all time low. In 2019, we looked for a pull back...

Elliott Wave View: Downside Target for Exxon Mobil

by elliottwave-forecast.com | February 4, 2020 4:46 pm
Elliott wave view in Exxon Mobil (ticker: XOM) suggests that the sequence from April 23, 2019 high (not visible in the short term chart below) is incomplete. Medium term downside target for the stock is 100% –...

Snap Inc. Bullish Sequence Supporting Further Upside

by elliottwave-forecast.com | February 3, 2020 4:43 pm
Snap Inc. is an American camera and social media company which has three products: Snapchat, Spectacles, and Bitmoji. Last year, SNAP ended up with +195% gains as the stock saw an impressive 5 waves advance allowing it to...

Nvidia Corp (NVDA) Within Powerful Wave ((III)

by elliottwave-forecast.com | January 30, 2020 5:28 pm
Nvidia is one of those instrument across the market which has ended the Grand super cycle since the all-time low. The advance since the all-time low appears impulse or five waves advance which ended on 10.01.2018. As...

Zendesk (NYSE: ZEN) – Aiming for New All time Highs

by elliottwave-forecast.com | January 29, 2020 4:58 pm
Zendesk (NYSE: ZEN) bullish trend since IPO is still in progress despite the 30% correction which took place last year. The Bulls remained in Control as the stock ended a corrective 3 swing move lower then started a...

BABA Elliott Wave: Buying The Wave Four Pullback

by elliottwave-forecast.com | January 29, 2020 4:57 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of BABA, which we presented to members at elliottwave-forecast.com. In which, the rally from October 2019 lows, showed the higher highs...

Best Buy (BBY): The Instrument is ending wave III of (III)

by elliottwave-forecast.com | January 29, 2020 4:55 pm
Best Buy is trading within a very Technical Elliott Wave structure with well-defined cycles. Currently, it is showing a five waves advance, but also it has an incomplete sequence. The Five waves structure runs in a sequence...

Elliott Wave View: Tesla Ended Short Term Correction

by elliottwave-forecast.com | January 29, 2020 4:53 pm
Short term Elliott wave view in Tesla (ticker: TSLA) suggests the rally to $594.5 ended wave (3). The stock then corrected in wave (4) and the pullback ended at $538.66. The structure of wave (4) unfolded as...