Houston American Energy ($HUSA) Ready To Rally?

by elliottwave-forecast.com | April 28, 2022 1:41 pm
Houston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022.  After the pullback, can the rally continue? Lets take a look at their company profile: “Houston American Energy Corp ...

RRR : Pulling Back in II Before Rally Resumes

by elliottwave-forecast.com | April 27, 2022 1:53 pm
Red Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical...

GE (General Electric) Got Rejected On Earning Reports

by elliottwave-forecast.com | April 27, 2022 1:42 pm
In this technical blog, we will take a look at the past performance of 1 Hour Elliott wave chart of General Electric aka GE presented at elliottwave-forecast.com. In which, the stock showed a lower low sequence from...

$UUP Can See Another High In The Longer Term Cycles

by elliottwave-forecast.com | April 26, 2022 1:54 pm
$UUP Can See Another High In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP  inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a...

MIDD : Expect Pull Back Before Rally Resumes

by elliottwave-forecast.com | April 25, 2022 1:52 pm
The Middleby Corporation (MIDD) designs, manufactures, markets, distributes & services a range of food services, food processing & residential kitchen equipment in the US, Canada, Asia, Europe, Middle East & Latin America. It is based in Elgin,...

Junior Gold Miners (GDXJ) Correction In Progress

by elliottwave-forecast.com | April 25, 2022 1:44 pm
In our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18 high of $51.92, it has rallied 42%...

JPMorgan (JPM) Could Lose More Than 10% Before Rally

by elliottwave-forecast.com | April 25, 2022 1:04 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...

$NVAX: Biotechnology Stock Novavax Enters the Buying Area

by elliottwave-forecast.com | April 25, 2022 12:52 pm
Novavax, Inc. is an US American biotechnology company. Founded in 1987 and headquartered in Gaithersburg, Maryland, USA, it is a part of Russel1000 index. Investors can trade it under the ticker $NVAX at NASDAQ as well as...