TSLA Forecasting The Bounce Higher From Blue Box Area

by elliottwave-forecast.com | July 6, 2020 3:40 pm
In this blog, we are going to take a look at the Elliott Wave chart of TSLA (Tesla). The 1 hour post market update from June 25, 2020 shows that the stock extended higher from wave 4...

Elliott Wave View: Franco Nevada Corp (FNV) Impulsive Move Higher

by elliottwave-forecast.com | July 6, 2020 3:39 pm
Franco Nevada (ticker: FNV) is a Canada-based company that own royalties and streams in gold mining and other commodity and natural resource investments. The company does not operate mines, develop projects, or conduct explorations. The entire business...

Penn National Gaming Inc. ($PENN) Incomplete Bullish Sequence

by elliottwave-forecast.com | July 3, 2020 3:28 pm
The Corona Virus has had its toll on the marketplace in general. But some select names have rallied sharply off the March 2020 lows, Penn National Gaming is one of those names.  Not only has Penn rallied...

Nvidia ( $NVDA ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | July 3, 2020 3:28 pm
Hello fellow traders.  Another instrument that we have been trading lately is Nvidia ( $NVDA )  stock. In this technical blog we’re going to take a quick look at the Elliott Wave charts of $NVDA , published...

Elliott Wave View: Alphabet (GOOGL) Resumes Higher in wave ((5))

by elliottwave-forecast.com | July 3, 2020 3:27 pm
Alphabet (GOOGL) has broken above June 24 high, suggesting that the next leg higher has started. The stock has ended the correction from June 11 high in wave ((4)) as a Flat Elliott Wave Structure.  Wave (A)...

iBioPharma Inc. ($IBIO) Looking for more upside

by elliottwave-forecast.com | July 2, 2020 3:14 pm
The next entry in the theme of Corona Virus stocks is iBioPharma Inc.  iBio has had a steady advance during the COVID-19 spreading worldwide.  It also remains very technical as with all other stocks. Lets take a...

XOM Elliott Wave View: Forecasting Decline Lower

by elliottwave-forecast.com | June 30, 2020 3:29 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of the Exxon Mobil ticker symbol: XOM. In which, the decline from 08 June 2020 peak unfolded...

Drive Shack ($DS) Incomplete Bullish Sequence

by elliottwave-forecast.com | June 26, 2020 3:36 pm
Drive Shack ($DS) has been making steady gains since the March 2020 low.  Technically speaking, it has a nice Elliott Wave chart, and is following the pattern of the general indices fairly well.  Let’s take a look...

Elliott Wave View: Exxon Mobil Pulling Back

by elliottwave-forecast.com | June 25, 2020 3:09 pm
Elliott Wave View in Exxon (ticker: XOM) shows that the stock has an incomplete bearish sequence against June 8 high. The decline from June 8 high unfolded as a zigzag Elliott Wave structure, where wave (A) ended at...

Elliott Wave View: Facebook Should See More Upside

by elliottwave-forecast.com | June 24, 2020 4:12 pm
Facebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback...