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This week's earnings call made it sound as if the sky is falling over AAP shareholders' heads, but according to the Elliott Wave principle, things are not as bad as they seem. What do you think?
I am never shorting an uptrend, especially in the world's biggest and strongest company, but according to the Elliott Wave theory, a five-wave impulsive rally should be followed by a three-wave decline. What do you think?
The bears could be expected to drag the price of Bitcoin back to the levels around $200 a coin once wave (V) ends, representing a 90% selloff from current levels. Impossible?
Once the correction is over, the Elliott Wave Principle suggests the trend should resume in the direction of the impulsive sequence.
A five-wave rally and a bearish RSI divergence suggests bitcoin is on verge of another three-wave retracement, possibly down to the mid-1300s
Alphabet's eight and a half years old uptrend appears to be nearing its end. The bears might drag the stock to $700 from now on.
A very clear 5-3 Elliott Wave cycle suggests Jabil Circuit is a good long-term choice
The Elliott Wave principle suggests ethereum's impressive advance might be followed by a correction of similar magnitude
Current weakness just a minor distraction on Bitcoin's way to the north.
The Grasberg mine dispute cannot hold Freeport-McMoran bulls forever
Prepare for more weakness in the Brazilian stock market
The bears might want to use the occasion and drag the stock back down to the support of wave 4 in the $35-$30 area.
Bank of America was supposed to jump anyway. The current drop is not Trump’s fault, either. BAC is still in a long-term uptrend.
If this is the correct count, Wells Fargo investors should get ready for another sell-off towards the $40 mark.
Fossil stock's 5-3 wave cycle seems to be complete, suggesting higher levels in the long-term from now on.
Rising channels and oversold RSI point to higher Bitcoin prices from now on
It looks like the bull party is approaching to its end and in the stock market, latecomers always suffer the most.
The panic following the SEC's rejection of the proposed Bitcoin ETF looks like a good buying opportunity for long-term investors