Boeing Co. going down

Boeing Co.’s stock declined from 144.50 to 118.76 and has been moving sideways ever since. If we examine the fall we will see that it has an impulsive structure with wave 5 being an ending diagonal. According to the Elliott Wave Principle, after every impulse a correction should follow. In this case, that correction seems to be a triangle in…

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Microsoft to resume uptrend

Microsoft’s stocks declined by nearly 3 $ from 41.65 to 38.85. However there seems to be no reason to worry, because in our opinion, the uptrend is ready to resume. On the chart below you can see an unfinished impulse wave, which by far has made its fourth wave. Fifth waves are difficult to predict,…

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Facebook, Twitter and LinkedIn are falling?

Facebook, Twitter and LinkedIn are among the biggest internet companies and still they are loosing big chunks of value. Facebook is one of the biggest social networks in the world and has been in a big uptrend since September 2012. The company had two big impulsive rallies, which brought its value up almost five times.…

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Volkswagen AG is exhausted

Today Volkswagen AG opened with a gap to the upside of more than 3 figures. The question is what kind of gap this is – signaling for acceleration or for exhaustion? Fortunately, gaps often fit in the wave structure of price movements. On the chart below we see that this gap comes in the middle…

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Walt Disney Co. could go north

Walt Disney Co. is looking bullish on the 15-minute chart, but we will have to wait for the A-B-C retracement, before we go long here. A clear five-wave impulse to the upside with nicely visible wave structure suggests for an uptrend. Wave B up could soon start, preceding wave C down, which should find support…

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Rolls-Royce Holdings PLC

Rolls-Royce’s multi-year uptrend started more than 10 years ago. For that time prices have climbed up from beneath 1 GBP to nearly 13 GBP per share. On the monthly chart of Rolls-Royce we can see how this rally looks like. It could easily be seen as an unfinished impulsive wave. From what we see, we…

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Vodafone Group PLC

On the hourly chart of Vodafone Group PLC we are tracking a nice impulsive wave pointing south. This is the most common Elliott Wave pattern and according to The Theory we should now expect a counter-trend movement in three waves for (2)/B, that will complete the 5-3 cycle, after which another five-wave decline should follow. Our…

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NVIDIA is in danger

NVIDIA’s shares took a bad hit during the 2007-2009 stock market crash. Prices fell down from an all-time high of 54$ to 6$, which is 89% devaluation. What is more important is the wave structure of the crash – a five-wave impulse for A. NVIDIA then bounced up to 28$, but rally was limited to…

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Pfizer Inc. at the end of the road

Pfizer Inc.’s four year bull market may be nearing its end. A five-wave rise from the end of June 2010 seems to be reaching a final top. According to The Elliott Wave Principle, a three-wave decline of equal degree should come next. The Relative Strength Index is providing even more evidence for a probable loss…

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Siemens AG reached target

On the 4th of March 2014 we made a forecast that Siemens AG’s shares could go near 89$. However, we supposed that a little more upside was possible, but prices fell instantly and 10 days later, on March 14th, our target was reached. We want to stress that, when we made that forecast, we were…

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Carrefour SA, nearing the top

Carrefour SA started rising on the 10th of July 2012 and have been in an uptrend ever since. This rally began at 13 euro per share and peaked on December 2nd 2013 at 29.14. After adding over a 100 percent, it looks like it could go a little higher and the 30 euro mark could…

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Facebook with more uptrend?

Facebook began its uptrend in the middle of 2012 and started to accelerate in wave 3 in mid 2013. The upward movement is almost completed as wave 3 has become more extended than usual, estimated 3.618 of wave 1. As wave 3 progresses, volume is decreasing, signalizing for a coming correction in the face of…

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Peugeot SA could lose one third

Should you be buying the recent pullback in Peugeot SA? Well, we do not think that is a good idea, because the dip is likely to extend. Many fundamental analysts think that this is an opportunity to go long in those shares, since Peugeot 308 has been crowned “Car of 2014” in the beginning of…

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MEDIASET to reach one last new top

On the daily chart of MEDIASET (ME) we could see one of the clearest impulses. It shows that wave (5) looks like an unfinished ending diagonal. That is why we expect MEDIASET to reach one last new top in wave 5 of (5), before turning down for a natural three-wave correction. The final peak should…

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General Electric Co. down

On the 1-hour chart of General Electric’s shares we have something that looks like a perfect Elliott Wave 5-3 cycle. Prices fell impulsively from 27.96 to 24.30. Furthermore, a three-wave correction seems to be over as well. In our opinion, this is a good selling opportunity, because at least one more 5-wave decline should be…

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