Shopify (SHOP) Daily Bullish Structure Leading the Way

by elliottwave-forecast.com | November 3, 2023 3:53 pm
Shopify (NYSE: SHOP) is a cloud-based commerce platform that provides software for building and operating e-commerce businesses. In Q3 FY2023, Shopify’s revenue was up 25% YoY and gross profit was up 36% YoY. The company also reported...

$CC #F: Cocoa Prices Trade in a Bullish Sequence

by elliottwave-forecast.com | October 30, 2023 6:06 pm
Cocoa (or cocoa bean) is one of soft commodities, along with sugar, coffee, orange juice and cotton. The bean is the fully dried and fermented seed, wherefrom cocoa solids and cocoa butter can be extracted. Cocoa beans...

$CVNA: Car Retailer Carvana Entering Short Term Support Area

by elliottwave-forecast.com | October 30, 2023 5:55 pm
$CVNA Carvana Co. is an online used car retailer and is known for its multi-store car vending machines. Today, the company is the fastest growing online used car dealer in the United States. Recently, Carvana gained publicity as...

CSX Corporation (CSX) Expects Weakness In Double Correction

by elliottwave-forecast.com | October 30, 2023 5:45 pm
CSX Corporation (CSX) provides rail-based fright transportation services. The Company offers rail services & transportation of intermodal containers & trailers as well as other services such as rail-to-truck transfers & bulk commodity operations. It transports chemicals, agricultural...

JPMorgan (JPM) Shares Could Have Started A Collapse

by elliottwave-forecast.com | October 30, 2023 5:35 pm
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...

Silver (XAGUSD) Found Buyers After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | October 30, 2023 5:23 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Silver (XAGUSD) published in members area of the website.  As our members know Silver  has recently  made...

A Closer Look at PepsiCo’s (PEP) Daily Correction

by elliottwave-forecast.com | October 26, 2023 5:42 pm
PepsiCo (NASDAQ: PEP), has been facing a challenging environment in the recent 2 years. With the continued uncertainty and volatility in the market, the stock’s long-term growth potential is under scrutiny by investors. In this article, we’ll...

EURJPY Found Buyers After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | October 25, 2023 7:55 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As our members know the pair is showing impulsive...

Alphabet Inc. ($GOOGL) Reacting Higher From Blue Box Area.

by elliottwave-forecast.com | October 25, 2023 7:27 pm
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Alphabet Inc. ($GOOGL). The rally from 9.26.2022 low unfolded as a 5 wave impulse. So, we expected...