Junior Gold Miners (GDXJ) Correction In Progress

by elliottwave-forecast.com | April 25, 2022 1:44 pm
In our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18 high of $51.92, it has rallied 42%...

JPMorgan (JPM) Could Lose More Than 10% Before Rally

by elliottwave-forecast.com | April 25, 2022 1:04 pm
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...

$NVAX: Biotechnology Stock Novavax Enters the Buying Area

by elliottwave-forecast.com | April 25, 2022 12:52 pm
Novavax, Inc. is an US American biotechnology company. Founded in 1987 and headquartered in Gaithersburg, Maryland, USA, it is a part of Russel1000 index. Investors can trade it under the ticker $NVAX at NASDAQ as well as...

Morgan Stanley – Looking to buy the dips

by elliottwave-forecast.com | April 22, 2022 3:10 pm
Morgan Stanley has been considerably been climbing for the past decade without any financial crashes and economical issues affecting it to a point that it has interferred within it’s bullish cycle. We have been eyeing this up...

$MICEX Russia Index Longer Term Trend and Bullish Cycles

by elliottwave-forecast.com | April 21, 2022 3:31 pm
$MICEX Russia Index Longer Term Trend and Bullish Cycles The 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. It...

Nine Energy Services ($NINE) Is the next leg up starting?

by elliottwave-forecast.com | April 21, 2022 2:22 pm
Nine Energy Services stock has had a remarkable rally in the first quarter of 2022.  There are a few small companies that are making big moves with the swing in Crude Oil during the late Feb early...