If you follow the logic of cause and effect, which by the way coincides with the logic of fundamental analysis, you would expect the price of a stock to rise in case of good news for the company and to decline, when bad news are released. For the human mind, this chain of thought makes…
NIKE Inc. stock has been trading in a range between 80.30 and 70.00 since December 2013, without going to a new high or a new low. There is one Elliott Wave pattern, which comes into mind, when we see this type of consolidating price action – the triangle. Triangles precede the final movement of one…
Autodesk Inc. stock started its uptrend from 28.00 in August 2012 and is currently trading slightly above 57. Almost 30 figures of steady rise in under two years is more than enough to convince the majority of traders and investors, that this stock is a good choice to invest in. However, we have said it before…
In the middle of February BNP Paribas stock reached as high as 61.80, but was unable to keep that bullish momentum. Currently trading around 50.00, the time is appropriate to check how low prices could extend their downtrend. It is a very interesting sequence on the 4-hour chart of BNP Paribas. Starting from the top we…
Flextronics International Ltd. stock has been in a strong uptrend since November 2008, climbing up by more than 10 figures from 1.30 to 11.47 so far. It is a rally quite impressive. Unfortunately, in the middle of this bull-trend there is a pattern, which carries a message to worry about. Triangles precede the last movement of…
Anglo American stock topped at 16.78 on May 13th and bottomed at 13.91 on June 13th. A decline of almost three figures in just one month, but if we look at it through Elliott Wave perspective, we may come up with an idea of the probable future development. On the 1-hour chart of Anglo American…
Procter&Gamble lost almost 4$ of its share price, declining from 83 to 79.10 during the last two months. If we take a look at the wave structure, we will see a clear five-wave impulse, so according to the Elliott Wave Principle, we should now expect a three-wave rally. Our bullish expectations are further confirmed by…
“Tesla Motors Inc. shares hit their highest level in months following a news report about a possible collaboration with competitors Nissan Motor Co. Ltd. and BMW AG on expanding the network of charging stations for electric cars.” – MarketWatch – This statement would be logical, if Tesla’s stock prices were in a downtrend before the above-mentioned news, despite the…
On March 31st we showed you an analysis of Vodafone Group’s stock, where we were expecting some kind of an upside correction to start soon. The Market decided to draw an expanding flat, which includes a new bottom below the one, left by wave 5 of A. However, wave “c” of B achieved the goal to…
Starbucks’s stock was down to 7$ per share in November 2008. Five and a half years later, at a price of above 73, the future looks bright for the corporation’s shareholders. Rising prices may provide enough confidence for most people, but as Elliott Wave analysts, we prefer to support our expectations with some evidence. In…
L’Oreal bottomed in March 2009 at a price of below 46 euro per share and has been in a strong uptrend ever since. In April 2013 the stock reached nearly 138 euro per share – top, which has not been touched again so far. With current prices around 127, we will take a look at…
In the first two chapters of “Why is Soros selling this?” we investigated two of his major recent sells from an Elliott Wave point of view, in order to see if there are any touching points between Mr. Soros’ expectations and our own. We decided to conduct this experiment in attempt to form an independent…
In chapter one of “Why is Soros selling this?” we provided you with an Elliott Wave analysis of Citigroup Inc.’s stock, since it is one of the three major recent sells made by George Soros. The other two are J.P. Morgan Chase & Co. and Bank of America. In this second chapter we will look at J.P.…
George Soros is one of the greatest investors and market speculators of our time with net worth of over 24 billion dollars. He is notoriously known for the “spectacular attack” against the Pound Sterling, which his Quantum Fund did in 1992. Recently Soros sold all his shares in Citigroup Inc., J.P. Morgan Chase & Co.…
Almost two months ago, on March 15th, we published an article, called “Peugeot SA could lose one third”. Reading: Peugeot SA could lose one third In that material we stated, that although Peugeot 308 had just been crowned “Car of 2014”, we expect a significant decline in the company’s stock prices. This chart represents the…
