Starbucks ($SBUX) Ended A Double Correction And It Should Continue Higher

by elliottwave-forecast.com | August 1, 2022 3:04 pm
Starbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of...

OKE : Should Expect More Weakness After A Corrective Bounce

by elliottwave-forecast.com | August 1, 2022 2:21 pm
ONEOK, Inc., (OKE) together with its subsidiaries, engages in gathering, processing, storage & transportation of natural gas in the United States. It operates through Natural gas gathering & processing, Natural gas liquids & Natural gas pipelines segments....

$VZ: Verizon Communications is Trading within Buying Area

by elliottwave-forecast.com | July 28, 2022 2:03 pm
Verizon Communications Inc., commonly known as Verizon, is an US American telecommunications giant. Founded in 1983 as Bell Atlantic, it is a result of the break up of the Bell System into seven regional Baby Bells. Headquartered...

Updated Canopy Growth Corporation ($CGC) 4H Forecast

by elliottwave-forecast.com | July 27, 2022 3:32 pm
Good day Traders and Investors. In today’s article, we are going to follow up on Canopy Growth Corporation ($CGC) forecast posted back in April 2022 and take a look at the latest 4H count. You can find...

Renminbi ($USDCNH) Started A Correction Phase As Expected

by elliottwave-forecast.com | July 27, 2022 3:16 pm
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction...

AMX : Should Expect Short Term Pullback

by elliottwave-forecast.com | July 26, 2022 3:39 pm
America Movil, S.A.B. de C.V. (AMX) provides telecommunication services in Latin America & internationally. The company offers wireless & fixed voice services, including local, domestic & international long distance services & network interconnection services along with data...

Sugar – Forecasting Elliott Wave Path and Calling The Decline

by elliottwave-forecast.com | July 26, 2022 3:10 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of Sugar (SB_F) published in members area of the website. SB_F ended a cycle from 04.13.2022 peak as a Zigzag Elliott wave structure....

Has ARK Invest ($ARKK) Bottomed or More Downside?

by elliottwave-forecast.com | July 22, 2022 2:15 pm
Summary of the Fund: ARK Invest (ARKK) is an actively managed Exchange Traded Fund (ETF). It seeks long-term growth of capital by investing in domestic and foreign equity securities of companies that are relevant to the Fund’s...

Uranium Miners (URA) Correction Likely Still Incomplete

by elliottwave-forecast.com | July 21, 2022 1:53 pm
There has been good news lately within the Uranium industry. Japanese Prime Minister Fumio Kishida has said that they want to have as many as nine nuclear reactors operating this winter. Many of Japan’s nuclear reactors have...

$UTDI : Technology Stock United Internet Towards Buying Area

by elliottwave-forecast.com | July 20, 2022 2:09 pm
United Internet AG is a global internet services company. Founded 1988, headquartered in Montabaur, Germany, and traded under the ticker $UTDI in Frankfurt, it is a component of the TecDax index. First of all, United Internet comprises...