TADAWUL:TASI could continue rising and reach 9000+ in few weeks after slight correction which is @ 7865.
TVC:UKOIL is heading to the $100 zone in the coming few years (2-5 yrs.) according to this bullish Wolfe Wave structure.
Following up with the NYSE:UBER stock movement, we might see a drop into the $36 or lower as a wave 2 correction (Zigzag Pattern). If this is the case it would be good opportunity to get in from there.
Gold might visit the $1780 area to complete its complex correction. That's will be confirmed by breaking the low of $1850
NYSE:UBER seems bullish after finishing its correction wave ( wave 2 blue ).
So Gold turned out to be in a complex correction instead of a single triangle. I assume it's now in the Y leg of the WXY wave.
NYSE:UBER seems to be in the C leg of the ABC Zigzag wave (Circled). We might see a 5%+ drop this week.
Possible bullish Wolfe Pattern is evolving in the daily chart of NYSE:GE Entry: $6.10 Target: $7.60 SL: $5.88
Following up with Uber stock movement, it's clear that we are near/at the end of fifth wave ( Greened ) and I expect a correction to the 35-36 zone before going higher. That is confirmed by the strong bearish divergence signal as you can see in the chart b/w the price and the RSI indicator.
If count is right, we are currently in the first wave (not shown) of the bigger 5th wave (Greened). No signs so far for Gold to assume that the bulls momentum is over. Target: $2040 SL: $1911 Duration: 2 Weeks ( Although I don't always put duration on my analysis )
TVC:UKOIL is heading to the $100 zone in the coming few years (2-5 yrs.) according to this bullish Wolfe Wave structure.
NYSE:UBER is on its way to end the first wave ( circled ) of the bigger third wave ( greened ). I put tight stop loss here just in case something wrong happens. Target: 36.74 Stop Loss: 34.90
Bearish Head & Shoulders pattern. Target: $1945
We continue to follow the movement of NYSE:UBER stock. I predict that it's heading to the $41.40 area to complete the minor third wave of the bigger third wave. I just redesigned the count colors and degrees.
After finishing the 5 waves NYSE:UBER has formed a bullish Wolfe Waves and I think it's now in the sixth wave - on its way to the target - which is in the $40 area.
After closing today @ $31.41 NYSE:UBER formed a bullish engulfing candle which swallowed the 5 previous candles. This candle formed after downtrend. Target 1: 32.38 Target 2: 34.28 STOP LOSS: 27.60
NYSE:UBER seems to be in the last leg E of the expanding triangle ABCDE of the bigger wave (Y) . I expect a bounce from the level 29.25 and we will see if it is the beginning of the impulse wave (3) in the bigger frame or it will continue its correction.
A bullish "Adam & Eve" pattern is forming in the daily chart of ALANDALUS PROPERTY COMPANY . A good entry when it goes above the neck line at around 16.70