Can Facebook trade to new highs? After all, its CFO Mr David Ebersman has recently sold off nearly 1 million shares! We can look at the charts of Facebook and see if doing some Elliott Wave analysis ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. This report takes a look at the basics of using Fibonacci ratios and Elliott Wave theory. Fibonacci ratios and ...
The Elliott Wave theory was put forth by Ralph Nelson Elliott back in the 1930s. To put it briefly, all stock market movements can be seen to unfold in cycles of eight waves. Five of these in general ...
In a recent post, I showed that Barclays shares were conforming very well to both Elliott wave and Fibonacci principles, which should allow low-risk trades to be put on. In this brief follow-up, I ...
Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...
Sentiment plays a significant role in trading Tesla stock, with fundamental forces also at work but not necessarily leading the stock price. Elliott Wave Theory and Fibonacci Pinball provide a ...
Elliott Wave Theory is my favorite style of analysis in that it has a small set of rigid rules, several guidelines, and a limited number of patterns to follow. If you can identify the patterns ...
There is nothing more exciting to us than reading the price action of the charts to see what will happen in the future. It becomes even more exciting when we find something that everyone else seems to ...
However, the XRP price has bounced back from the next support at $1.88, last seen on November 22. Popular analyst Dark Defender stated that this is a critical area for the Ripple cryptocurrency, and a ...
Swing trading is a half-way house between short-term (or day) trading and long-term position trading. On average, my successful trades last anywhere from a few days to a few weeks and rarely longer ...
EURUSD likely completed a wave ((x)) high last week near 1.1743. The short-term trend now points downward. The next downside targets are 1.1170, and possibly 1.1030. EURUSD completed a bullish impulse ...