stocks

The BABA structure hints at a bearish corrective trend taking the form of a cycle triple zigzag w-x-y-x-z. At the moment, the market is in the final part of this pattern. We see a completed actionary wave y, which has the form of a…
Read More

ExxonMobil reported a record quarterly profit of nearly $20bn on Friday. The largest US oil company’s results were echoed at rival Chevron, who had a Q3 profit of $11.2bn. These results were almost triple what was earned a year ago.…
Read More

The structure of AMZN shares shows the development of a corrective trend. It is assumed that a zigzag is formed, which consists of sub-waves a-b-c of the cycle degree. Perhaps at the end of last year, the market completed the formation…
Read More

AAPL suggests the construction of the primary fifth wave, taking the form of an ending diagonal  (1)-(2)-(3)-(4)-(5) of the intermediate degree. Most likely, the market has completed the construction of an intermediate correction (4)…
Read More

The BABA formation hints at a bearish corrective trend taking the form of a cycle triple zigzag w-x-y-x-z. At the moment, the market is in the final part of this pattern. We see a completed actionary wave y, which has the form of a…
Read More

In the last couple of days, the Euro has been drifting higher, back towards parity. It comes at a somewhat curious juncture, considering the context in the UK. Though, it should be pointed out that yesterday markets jumped higher on…
Read More

AMZN suggests the development of a zigzag, which consists of sub-waves a-b-c of the cycle degree. The first major wave a ended as a bullish 5-wave impulse. In the last section of the chart, we see a decrease in the price, which could…
Read More