MOEX Russian Index Bull Trend and Longer Term Cycles

by elliottwave-forecast.com | June 30, 2021 3:07 pm
MOEX Russian Index Bull Trend and Longer Term Cycles The MOEX Russian index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December 2007 highs....

XLI Can Resume The Rally From Elliott Wave Blue Box Area

by elliottwave-forecast.com | June 30, 2021 3:06 pm
In this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of XLI, which we presented to members at the elliottwave-forecast. In which, the rally from 23 March 2020 low unfolded as...

AMC Entertainment ($AMC) Momentum Still Strong

by elliottwave-forecast.com | June 30, 2021 3:05 pm
AMC Entertainment has become the new poster child for the Ape Movement since $GME (GameStop) peaked in January 2021.  The rally has been nothing short of breathtaking as traders saw the price move from $11 to $73...

NZDJPY Forecasting The Rally After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | June 29, 2021 3:12 pm
In this technical article we’re going to take a quick look at the Elliott Wave charts of NZDJPY , published in members area of the website.  We’ve been calling rally in the Forex Pair due to impulsive...

Shopify (NYSE: SHOP) – Wave (V) in Progress

by elliottwave-forecast.com | June 28, 2021 3:21 am
Shopify (NYSE: SHOP) is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It’s also an e-commerce platform for online stores. The stock is up above 28% over the past month, outperforming S&P 500 which has returned...

BioNTech (BNTX) Continues To Benefit from Covid-19 Pandemic

by elliottwave-forecast.com | June 28, 2021 3:21 am
BioNTech SE (Nasdaq: BNTX) is a German biotechnology company that develops treatment based on messenger ribonucleic acid (mRNA). The company shot to fame and becomes a household name after becoming one of the first successful companies to...

Berkshire Hathaway Needs To Break 295 To End Wave ((3))

by elliottwave-forecast.com | June 28, 2021 3:20 am
Since the crash of March 2020, all stocks have tried to recover what they lost, and Berkshire Hathaway was no exception. BRK.B did not only recover the lost, but It also reached historic highs. Now, it is...

ContextLogic Inc ($WISH) Prepping For Next Leg Higher

by elliottwave-forecast.com | June 25, 2021 3:25 pm
ContextLogic Inc. is the latest meme stock to catch some attention.  But is it a worthwhile trade?  I must preface this blog with the fact that this stock does not have much data.  However, elliottwave can still...

“Everybody’s Getting Rich (and Having Fun) Except Me”

by ForexCycle.com | June 23, 2021 10:35 pm
By Elliott Wave International Hardly anyone wants to miss the party — whether on Wall Street or elsewhere. Thus, the acronym FOMO — which stands for the “fear of missing out” — is in vogue. After a...