Elliott Wave Analysis of Dominos Pizza (DPZ)
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Thats one impressive trend, but like all good trends they eventually come to an end. Counting from the 2008 lows I am working the idea this stock is tracing out an impulse wave, currently it appears to be in wave 5, and a closer inspection suggests...Read More »
Elliott Wave Analysis of USDTRY (Update)
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In the last post we were looking for a spike to new highs http://www.wavepatterntraders.com/elliott-wave-analysis-of-usdtry-2/ Back then I felt that wave [5] did not look completed. Fast forward we now have that new high and a possible 5 wave advance from the triangle. What that simply...Read More »
Elliott Wave Analysis of American Airlines Group (AAL)
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There could be a short term opportunity for aggressive traders if buyers support this stock around $45.60 – 44.00. From the Jun 2016 lows it could be involved in an impulse wave, so the current decline is a 4th wave pullback, a common target is the...Read More »
Elliott Wave Analysis of Tidewater (TDW)
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This could well have a major low in place, its been declining for years, the reasons why its been declining are not that important, although I would be a fool to say you should completely ignore the fundamentals, but if you do your due diligence and...Read More »