Tag: ELLIOTT WAVE THEORY

A clear technical pattern suggests Leggett & Platt might have a very disappointing 2017 Like many other stocks, Leggett & Platt bottomed out in...

Buy-and-hold proved to be a profitable strategy in the German DAX Keeping up with its U.S. equivalent, the German DAX has been rising steadily...

As the euro continues to lose momentum, here are the technical factors, which led to this The euro climbed to 1.0828 against the U.S. dollar...

AUDNZD bulls got their revenge after months under bearish oppression It has been just 15 days since the last time we wrote about AUDNZD....

Marriott International might look tempting, but it seems to be exhausted, too. Marriott International Inc. operates and franchises hotels and lodging facilities in over...

NZDUSD has been rising during the last month and a half, but lost its shine recently by dropping from 0.7374 to as low as...

A vital lesson to learn from Bitcoin’s short, but violent history Bitcoin crashed. Again. Yesterday, the cryptocurrency fell from as high as $1075 to below...

USDCAD closed at 1.3028 on Friday, February 3rd, continuing the decline from 1.3387, which began in mid-January. So, if you have been expecting more...

On December 30th, 2016, we published “AUDNZD Bears Weaker Than They Appear.” At the time of writing of that article, while the pair was...

In 2015, Cameco Corporation took the crown of the world’s largest publicly traded uranium company. Ironically, in terms of its stock price, 2015 was...

Shares of Electronic Arts, one of the greatest video game companies, fell to as low as $10.77 in July, 2012. Less than five years...

While Intel stock was trading around $37.15 on September 20th, 2016, we published an ARTICLE, called “Patient Intel Bulls Get Their Reward.” In that material...

It was all looking good for gold at the start of the week. The precious metal seemed ready to continue the recovery from $1123...

If you have been following USDCAD, you would agree that this week is nothing like last week. Between January 17th and 20th, the pair...

The first few days of 2017 made the growing Bitcoin society very excited. The price of the digital currency exceeded the $1000 mark and...

Shares of Pearson Plc, the world’s largest education company, founded in 1844, plunged by nearly 30% last week, after it announced intentions to cut...

Donald J. Trump officially sworn as the 45th president of the United States yesterday. And if the stock market remained relatively calm during the week...

It has been a wild ride for GBPUSD this week. The pair initially opened with a huge gap to the downside, following Theresa May’s...

It has been over two and a half months since our last post about GBPCAD, called “Not the Time to Join the Bears in...

You may like to drink something, but this does not mean it should be in your portfolio. Monster Beverage Corp. stock did not have...

“The current pullback is likely to take crude oil prices down to $50.50, before the bulls return…” This was the last sentence of the...

GBPNZD almost reached 1.8000 a month ago, but the bulls ran out of fuel a fraction of a pip lower. Then the bears took...

We saw a lot of those so-called “fake breakouts” in GBPUSD during the last two weeks. On January 3rd, the pair fell to 1.2199,...

The last time we wrote about Netflix was on February 18th, 2016, while the stock was trading below $95 a share. The article was...

Gold has been in a bear market for over five years now. The yellow metal reached an all time high of $1921 back in...

3M Company is a diversified technology giant, founded in 1902. It is a component of the DJIA, the S&P 500 and S&P 100. Its...

If you have read our last ARTICLE about AUDNZD, you know we had a long-term bullish outlook on the pair two months ago. We...

On December 15th GBPJPY climbed to 148.45 – the culmination of a rally, dating back to October 7th, when the pair fell to as low...

USDCAD bulls must be having a good time. The pair has been adding pips faster than a speed train in the last three trading...

Oil States International Inc., founded in 1937, provides services to oil and gas companies. With a market cap barely exceeding $2 billion, you might...