L’Oreal, the bears are waiting

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…

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Why Is Soros Selling This? Chapter Three

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…

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Why Is Soros Selling This? Chapter Two

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.…

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Why Is Soros Selling This? Chapter One

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.…

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We warned you about Peugeot

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…

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Volkswagen AG update

Almost a month ago, on April 9th, we showed you our analysis of Volkswagen AG’s stock, stating that the uptrend on the 1-hour chart looks exhausted and a pull-back should be expected. On the chart below you can see how the situation looked like back then. As shown, we were expecting a decline in three-waves, because…

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Daimler AG with a fake recovery

On the 30-minute chart of Daimler AG’s stock we see a clear impulsive decline in five waves from 71.25 to 63.95 euro per share. According to the Elliott Wave Principle, impulse waves show the direction of the larger trend, so in this case the larger trend is pointing down. But after every five waves, a…

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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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