Elliott Wave Analysis of Trupanion (TRUP)
The last 2 highs have been met with a strong RSI divergence, so I suspect the last high is a large 5th wave of an impulse wave that started from the lows in 2014. So far the weekly candle is potentially showing a shooting star, so...Read More »
Elliott Wave Analysis of ASML Holdings (ASML)
This stock is a potential key stock for a couple of markets as its a big weighted stock in both the SMH and AEX. The spike to a new high can still be counted as a 5th wave as the recent gyrations appear to be a...Read More »
Elliott Wave Analysis of TNX
The advance from the Sept 2017 lows still appears to need a 4th and 5th wave to develop an impulse wave. Currently I favor a little more weakness to ed wave [iv], followed by further upside to end wave [v], so I am still expecting higher...Read More »
Elliott Wave Analysis of EURCHF
The decline into Feb 2018 lows counts well enough as a 5 wave decline from 1.1831, a corrective bounce towards 1.1600 or higher is ideally seen to end wave 2 of a much larger impulse wave. Once wave 2 is completed I am expecting a significant...Read More »
Elliott Wave Analysis of FTSE All World Index
One of the reasons why I suspect some of the US markets could still be in a large 4th wave of an impulse wave that started from the Feb 2016 lows, is the look on the FTSE All World Index. The spike into the high is showing...Read More »
Elliott Wave Analysis of Boeing (BA)
With the new high its technically possible to label 5 waves from the 2016 lows, however I think its prudent to give the benefit to the bulls, a new high could be counted as a B wave of a running triangle or an expanded flat. Ideally...Read More »
Elliott Wave Analysis of EURUSD
The recent short term gyrations can be counted as a completed pattern into 12353, however there is a way to count the recent gyrations as part of an expanded flat for a [x] wave, so that can argue for a spike above 12353 before wave [ii]...Read More »
Elliott Wave Analysis of USDZAR
With the new low it can potentially be counted as the end to a 5th of 5th wave to complete an impulse wave from the Nov 2017 highs. There is a measured move target just below around 11.45, that may be tested before wave 5 is...Read More »
Elliott Wave Analysis of General Electric (GE)
The recent sell off appears to be impulsive looking, so I suspect its part of a larger impulse wave, from what I can count I think it nest counts as the end to a 3rd wave of a 5 wave decline, so a bounce for wave...Read More »
Elliott Wave Analysis of USDJPY
The recent bounce I think is part of a 4th wave of a larger impulse wave that started from 114.72. Unless a move back above 110.84, then a bounce in 3 waves that stalls around 109.00 – 109.50 can support further weakness for new lows for...Read More »