Category: Company Chart Analysis
The analysis published under this category are as follows.
Monday, March 04, 2019
Industrial ETF XLI Set to Make New All-Time Highs / Companies / Company Chart Analysis
By: ElliottWaveForecast
XLI Set to Make New Highs
The Industrial Sector ETF, XLI, is set to make new all-time highs above the January 2018 high at 80.96. From 80.96 Elliott wave analysis suggests XLI corrected lower on the daily chart in 7 swings to the 12/26/2018 low of 59.92. Within the final 3 waves of y (red label) we see a near perfect measurement of equality amongst the subwaves. From the red x high of 80.41 on 9/20/2018 the ETF dropped lower in 3 swings into the blue box range producing a reaction higher. We are labeling the 59.92 low as wave (IV) suggesting wave (V) of ((III)) is now progressing above 80.96. The Blue Box highlighted below in the daily chart are measured areas with a high probability of reaction in the next projected direction. Learn about this proprietary system here.
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Monday, March 04, 2019
Union Pacific Railroad (NYSE:UNP) – Bullish Sequence Calling Higher / Companies / Company Chart Analysis
By: ElliottWaveForecast
Union Pacific Railroad (NYSE:UNP) is a publicly-traded railroad holding company that was established in 1969. Last year, revenues grew to $22.8 billion, while earnings was up in mid-single-digits to $10.8 billion. Revenue growth was led by strong gains in Intermodal, amid capacity constraints in the trucking industry and a higher industrial production for commodities shipments.
Union Pacific’s year on year earnings growth rate has been positive over the past 5 years and it outperformed the Transportation industry. Its earnings are expected to grow by 7.1% yearly and revenue is expected to grow by 4% yearly.
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Monday, February 18, 2019
Shopify (NYSE:SHOP) – Bullish Flag Breakout Higher / Companies / Company Chart Analysis
By: ElliottWaveForecast
Shopify (NYSE:SHOP) is an electronic commerce company offering online stores and retail point of sale platform designed for small and medium-sized businesses. Merchants can design, set up and manage their shops using a single interface which make is an easy and attractive way to start up a business in few clicks.
E-commerce industry been around for almost 3 decades, but the recent 10 years saw a significant growth and with new technologies it took it to the next level which has transformed the processes of buying and selling goods.
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Monday, February 18, 2019
IBM Stock Long Term Bullish Trend and Elliott Wave Cycles / Companies / Company Chart Analysis
By: ElliottWaveForecast
Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the 1960’s when the stock price was around three dollars. The point of this article is to show what Elliott Wave technical analysis suggests will happen before the stock price resumes the larger uptrend.
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Friday, December 14, 2018
An Industrial to Stock Trade: Is Boeing a BUY Here? / Companies / Company Chart Analysis
By: ElliottWaveForecast
By EWFJames : BA and the Trade Tensions Between China and Elliott wave
As we all are well aware there are definitely heightened tensions on the global trading playing field these days. The markets have been whipping back in forth in exacerbated moves. Every hint or tweet about anything to do with trade, specifically, trade and China causes fireworks in the market. Boeing Co ( NYSE: BA ) has been in the news as well for numerous reasons about trade. Boeing is being accused of circumventing U.S. trade regulations by means of entertaining a controversial satellite order. The order was financed by a Chinese government-owned firm.
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Friday, December 14, 2018
Goldman Sachs (NYSE: GS) – Bullish Trend is Still Intact / Companies / Company Chart Analysis
By: ElliottWaveForecast
Ayoub Ben Rejeb : Since the 2008 Financial Crisis, Goldman Sachs (NYSE: GS) established a new multi-year bullish trend which managed to break above 2007 peak after just 10 years joining the list of many other stocks which already achieved new all time highs in the previous years.
GS has been moving within a bullish channel making higher highs and higher lows. Every correction took place in a form of 3 swings lower into a blue box which is a High-frequency area where the market is likely to end cycles and make a turn. Now, the stock is approaching the lower end of the channel from where ideally the stock will be able the resume the move to the upside as long as the trend remain intact.
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Thursday, October 25, 2018
Intermediate Term Outlook Bullish on CAT Despite Current Correction / Companies / Company Chart Analysis
By: Mike_Paulenoff
About 11 months ago, I told our members to watch for a continued rally in Caterpillar Inc. (CAT). The stock had exploded to the upside after breaking above 6-7 year resistance at 112-117.
As it resided at just above 136, I wrote: "CAT still looks like it has unfinished biz on the upside into the 145-146 area next."
I noted that while CAT certainly was overbought, "my work considers momentum to be in a 'healthy overbought' condition, rather than a divergent overbought condition. Usually a healthy overbought condition suggests that higher-highs will be forthcoming prior to the onset of a significant correction."
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Thursday, October 04, 2018
Boeing (BA) Stock Elliott Wave Analysis / Companies / Company Chart Analysis
By: WavePatternTraders
Readers may be aware than Boeing (BA) is the biggest stock in the Dow Jones Industrial Average (DJIA), so it makes sense to watch the biggest weighted stock to find an edge to the next likely direction of the DJIA.The recent gyrations on Boeing appear to suggest thrust from a triangle, for Elliott wave users, that’s a key pattern as the look from the 2016 lows, appears to suggest an impulse wave is developing. So the triangle is a 4th wave of an impulse wave, the current spike is that of a 5th wave. However there are a couple of ways to label the current advance, so unless a strong reversal back below $372.64, then I would at least respect the potential for further upside as it may still be in wave 3 of the larger wave [5].
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Friday, July 13, 2018
Berkshire Hathaway Stock Aiming for Recovery / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Berkshire Hathaway (Class A NYSE: BRK.A – Class B NYSE: BRK.B) is currently the seventh largest company in the S&P 500 Index by market capitalization. The company ,lead by Warren Buffett, has averaged an annual growth in book value of 19.0% to its shareholders since 1965.
Berkshire Hathaway Class B NYSE: BRK.B is one of the main stock within the Financial Select Sector SPDR Fund XLF. Year-to-date, the whole financial sector is still pointing in the negative side and not seeing any profit yet.
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Tuesday, June 12, 2018
Tesla Stock Analysis / Companies / Company Chart Analysis
By: Rambus_Chartology
About three or four weeks ago TSLA was getting a lot of negative feedback from the fundamentals perspective so I showed some charts from the Chartology perspective to see how things would play. Would the fundamentals win out or would the Chartology win.
This first chart is a short term daily look which shows the rectangle that was building out with price action trading at the bottom rail when I posted this chart. I gave two price objectives based on the height of the rectangle. If the rectangle broke to the downside the minimum price objective we could expect would be 246 and if the rectangle was going to be consolidation pattern to the upside the minimum price objective we could expect was at 345 which was hit today.
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Friday, May 18, 2018
HFC HollyFrontier Corporation Impulsive Elliott Wave Rally / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Holly Corporation and Frontier Oil merged in July 2011 to form HollyFrontier Corporation (NYSE: HFC). The company is a petroleum refiner and distributor of petroleum products, from gasoline to petroleum-based lubricants and waxes.
Over the past 2 years, Hollyfrontier Corp performed better than majority of its peers in the Oil & Gas Refining and Basic Materials sector. Its stock price is already up 34.4% year-to-date and still expected to see more gains as Oil price is also up 20% this year which helped the petroleum companies to perform well recently.
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Thursday, April 19, 2018
5 "Core" Elliott Wave Patterns, Avago (NASDAQ: AVGO) / Companies / Company Chart Analysis
By: EWI
The stock of Avago Technologies rebounded strongly off the recent lows. What's next? The challenge is on you to provide the answer. Give it a shot!
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Wednesday, April 18, 2018
5 "Core" Elliott Wave Patterns, Hershey (NYSE: HSY) / Companies / Company Chart Analysis
By: EWI
The choppy rise in the stock of Hershey -- and the sharp recent breakdown -- speak volumes to an observant Elliott wave investor. See if you can spot the tell-tale signs...
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Thursday, April 12, 2018
5 "Core" Elliott Wave Patterns, Ferrari (NYSE: RACE) / / Company Chart Analysis
By: EWI
The stock of Ferrari has been rising strongly since 2016. Can you spot the Elliott wave pattern? It has profound implications for the trend in RACE from here...
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Tuesday, February 20, 2018
Baidu (BIDU) Resuming the Bullish Cycle / Companies / Company Chart Analysis
By: ElliottWave-Forecast
Baidu, Inc. (NASDAQ: BIDU) is one of the largest Chinese multinational technology companies specializing in Internet-related services & products and one of the premier AI leaders in the world.
Last week, Baidu has reported excellent results in Q4 which helped its stock to bounce +15%. Solid margin expansion and good developments on several fronts were on the headlines behind the recent rally which switched the opinion of many major investment firms to the bullish side.
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Friday, February 09, 2018
Remember When Stocks Only Went Up? / Companies / Company Chart Analysis
By: John_Rubino
Long ago in a distant galaxy called “2017,” stock prices rose every day. And the people were happy. With paper profits in hand they maxed out their credit cards and bank lines to buy flat-screen TVs and cars and cover their student loans.
Then one day a darkness began to spread. Stocks began to move in an unfamiliar way that felt profoundly wrong. They went “down” instead of up, and paper profits began to shrink. The people consulted their price charts and were confused to find them written in an unfamiliar language full of oddly sloped lines and negative numbers.
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Thursday, December 21, 2017
4 Breakout Stocks to Watch / Companies / Company Chart Analysis
By: Harry_Boxer
Here are four stocks showing strong technical momentum.
BlackBerry Limited (BB) shot up out of a double-top pattern on Wednesday, closing up nearly 12% at $12.17 on 29 million shares traded. That was the largest volume since the end of September, and more than 7x the stock's daily average. The move came with the company's positive earnings announcement and news on the transformation of its core business from communications hardware to cybersecurity solutions. Price has not been this high since January 2015. Next targets: $14 and $17.
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Tuesday, December 12, 2017
Our MSCI ETF Forecast BEFORE the 47 Percent, 12-Month Gain / Companies / Company Chart Analysis
By: EWI
Our MSCI ETF Forecast BEFORE the 47 Percent, 12-Month Gain
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Wednesday, December 06, 2017
Nvidia NVDA Correction is Around the Corner / Companies / Company Chart Analysis
By: ElliottWave-Forecast
The American semiconductors company Nvidia (NASDAQ: NVDA) is specialized is designing graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.
Wednesday, November 22, 2017
Some Traders Hit. Some Traders Miss. Here's How to be Part of the 1st Group / InvestorEducation / Company Chart Analysis
By: EWI
Also, watch Jeffrey Kennedy identify two high-confidence trade set-ups in Johnson & Johnson (NYSE: JNJ)
'It's the most wonderful time of the year,' goes the famous holiday song. Except on Black Friday morning, that is, when a deadly stampede of shoppers at the big-name box store runs Granny down in the dry goods aisle.
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