Elliott Wave View: Peloton ($PTON) The Next Leg Up

by elliottwave-forecast.com | March 3, 2020 5:24 pm
Peloton ($PTON) had a very nice run before topping December 2019, and could be ready for the next leg up.  The caveat with analyzing companies that have recently gone public is there is not much history to...

Beyond Meat Inc (NASDAQ: BYND) – Starting an Impulsive Cycle

by elliottwave-forecast.com | February 26, 2020 4:28 pm
Beyond Meat Inc (NASDAQ: BYND) is a producer of plant-based meat substitutes including products designed to simulate chicken, beef, and pork sausage. After IPO, BYND surged 250% for 3 months then it came down erasing all gains and settling around 15% on December...

Elliott Wave View: Virgin Galactic ($SPCE) Extending The Impulse

by elliottwave-forecast.com | February 21, 2020 5:30 pm
Virgin Galactic ($SPCE) has had an impressive rally after setting all time lows after its IPO in the fall of 2019 and continues to impress as it extends the rally in a wave ((3)) impulse.  Up from...

Bausch Health (BHC) Drops More than 10% After Q4 Results

by elliottwave-forecast.com | February 20, 2020 4:29 pm
Bausch Health (Ticker: BHC) reported Q4 revenue of $2.22 billion, which is a 5% YoY increase.  The result was slightly higher than the consensus estimate of $2.2 billion. The company also reported a $1.51 billion net loss,...

Elliott Wave View: PayPal (PYPL) Right Side Remains Bullish

by elliottwave-forecast.com | February 19, 2020 4:13 pm
As US indices were making lower lows in January and February of 2019, PYPL was making higher lows setting up a bullish structure within a larger impulse up against its All Time Low of 30.00 set on...

Bristol-Myers Squibb ( NYSE: BMY ) Aiming for New All Time Highs

by elliottwave-forecast.com | February 18, 2020 6:16 pm
Bristol-Myers Squibb (NYSE: BMY) is an American pharmaceutical company which manufactures prescription pharmaceuticals and biologics in several therapeutic areas with particular success in cardiovascular treatments. Since 2008, BMY established an impulsive rally taking the stock to new all time highs...

BABA Found Byers At The Blue Box After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | February 17, 2020 3:38 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA.  As our members know BABA has recently given us pull back against the 199.12 low.  Pull...

CVR Energy (NYSE:CVI) – Recovery on the Horizon

by elliottwave-forecast.com | February 11, 2020 4:48 pm
CVR Energy (NYSE:CVI) lost almost 40% of it’s value since July of last year, as the stock started correcting the impulsive 5 waves advance from 2016 low. The correction taking place is unfolding as  3 waves Zigzag...

Elliott Wave View: Further Upside Expected in Amazon

by elliottwave-forecast.com | February 11, 2020 4:45 pm
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24, 2018 low favoring further upside. In the...