TSLA Forecasting The Bounce Higher From Blue Box Area
In this blog, we are going to take a look at the Elliott Wave chart of TSLA (Tesla). The 1 hour post market update from June 25, 2020 shows that the stock extended higher from wave 4...
Tag: Trading
Elliott Wave View: Franco Nevada Corp (FNV) Impulsive Move Higher
Franco Nevada (ticker: FNV) is a Canada-based company that own royalties and streams in gold mining and other commodity and natural resource investments. The company does not operate mines, develop projects, or conduct explorations. The entire business...
Penn National Gaming Inc. ($PENN) Incomplete Bullish Sequence
The Corona Virus has had its toll on the marketplace in general. But some select names have rallied sharply off the March 2020 lows, Penn National Gaming is one of those names. Not only has Penn rallied...
Nvidia ( $NVDA ) Buying The Dips At The Blue Box Area
Hello fellow traders. Another instrument that we have been trading lately is Nvidia ( $NVDA ) stock. In this technical blog we’re going to take a quick look at the Elliott Wave charts of $NVDA , published...
Elliott Wave View: Alphabet (GOOGL) Resumes Higher in wave ((5))
Alphabet (GOOGL) has broken above June 24 high, suggesting that the next leg higher has started. The stock has ended the correction from June 11 high in wave ((4)) as a Flat Elliott Wave Structure. Wave (A)...
iBioPharma Inc. ($IBIO) Looking for more upside
The next entry in the theme of Corona Virus stocks is iBioPharma Inc. iBio has had a steady advance during the COVID-19 spreading worldwide. It also remains very technical as with all other stocks. Lets take a...
XOM Elliott Wave View: Forecasting Decline Lower
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of the Exxon Mobil ticker symbol: XOM. In which, the decline from 08 June 2020 peak unfolded...
Elliott Wave View: Dips in USDCAD Should Find Buyers
USDCAD 45 minutes chart below shows that the pair has ended 3 wave pullback from June 15 high in wave 2. The pullback unfolded as double three Elliott Wave structure and ended at 1.3482 low. Afterwards, the...
$SAN : Banco Santander may provide timing for stocks to rally
Banco Santander is the largest bank in Spain and the 5th largest bank in Europe. Traded under ticker $SAN at BMAD and NYSE, it is a component of the EuroStoxx50 and IBEX35 market indices. In particular, the...
$FXE Elliott Wave and Longer Term Cycles
$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in...