Regarding Elliott wave counting for gold's 4 hour chart, there are two major scenarios I wanted to share.
before that we have to be aware of the current bull trend and it supported the recent drop in gold's price.
Bull trend is illustrated in pink and the shorter-term bear trend is shown in blue line.
The chart above indicates that the abc correction has...
Oil -0.56% jumped off the cliff -25.83% starting last month and still falling.
while free falling she doesn't even know where the bottom is! who knows anyways :S
I used line chart to draw few trend lines .
According to the bullish trend line I illustrated above, it's about time we yell "Booya, bull right back at ya!".
Starting next month, Saudi's planning...
Nomura Instinet analyst Mark Kelley initiated coverage on Etsy's stock with a Buy rating and a $70 price target.
Kelley said Etsy has demonstrated consistent management execution since 2017, and has reaccelerated the business through enhanced pricing mechanisms while educating and arming sellers with the right tools to succeed.
“Etsy has proved that the large...
Markets are underpricing the risk of a bigger sell-off in gold into the year-end, according to Kathleen Kelley, chief executive of research firm Queen Anne's Gate Capital.
In 2020, many investors piled into gold as prices went from $1,600 to a new record high of over $2,000 an ounce. And based on ETF positioning before the big COVID gold-buying spree happened,...
Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call.
Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly been...
Fisker Motor, Inc
Bought 200 FSK @$14.50 Target $200 @$200 Date Jan 6, 2025
Bought 125 FSK @ $14.95 Target@$40 Date July 1, 2022
Fisker Automotive was an American company known for producing the Fisker Karma, which was one of the world's first production luxury plug-in hybrid electric vehicles.
It debuted at the 2008 North American International Auto Show, and...
Although Brian Kelley/CNBC just shilled this coin it does look really good. Going to keep a close eye on it, volume increasing over the last couple weeks, been in an accumulation period for a while, good road map over the next couple weeks.
