Gold Elliott Wave Analysis (08-11-21)

Here’s our Gold Elliott Wave Analysis for this week. Possibility of 2 alternative scenarios playing out for XAUUSD in the coming weeks. Note that this is not financial advice, just my humble opinion. For more potential trade setup suggestions on the US Stock Markets, check our Blog Posts On US Stocks. Shorten your learning curve by downloading our complimentary “Elliott Wave Cheat Sheets”. For more articles on the Elliott Wave Principle, check out our other posts in our Elliott Wave
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Matterport Inc. (MTTR) Elliott Wave Analysis

Matterport Inc. (MTTR) When it comes to advanced technologies that can create a 3D map of the inside of any building. Kind of like those high tech spy movies we watch in the cinemas. Undoubtedly, the first company that comes to mind is Matterport Inc. Matterport Inc. is a technology company that provides a platform to capture, store, share, and experience 3D images and models.  It recently went public via the SPAC route earlier this year in 2021. Industry Leader
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Financial Astrology

Quick Trivia Ever wonder what does one of the most brilliant minds on the planet and one of the wealthiest businessman of his time have in common? If you guessed “Astrology”, or “Financial Astrology“, then you are spot on. Who would have wondered glazing at the stars would be so “Profitable” right? Financial astrology may just be the “Missing” link for aspiring traders to make their mark in history, not to mention their wallets. Share Your Views How many of
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NIO Elliott Wave Analysis (19-10-21)

  Current Market Dynamics   The latest NIO Elliott Wave Analysis seems to have taken a “Contrasting” view of how our blog has viewed the Chinese electric car maker from what happened in the past few months.     Previously, our view was that NIO may drop even deeper for a potential “Double Combo” Wave 4 correction in White.   This was due to the China govt’s hostile crackdown across all sectors at that point in time.   But the latest
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Mapletree Industrial Trust Forecast (15-08-21)

OVERVIEW   For this week’s blog, we will look at our Mapletree Industrial Trust Forecast using the Elliott Wave Principle.   For those who are not not familiar with one of the most popular Singapore REITs, here a quick introduction.   Mapletree Industrial Trust (SGX : ME8U) a.k.a MIT is a Real Estate Investment Trust (REIT) listed on the Main Board of Singapore Exchange.   MIT’s primary investment strategy is to invest in a diversified portfolio of income-producing real estate
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NIO Elliott Wave Analysis (18-07-21)

  Contrary to prevailing buoyant market sentiments.   Our blog’s NIO Elliott Wave Analysis has taken a diverging view to most main stream analyst’s opinions.   Being a contrarian trader has always worked well for me in the past.   Sometimes, being able to view the financial markets differently from most traders has its advantages.   Somehow, it has allowed me to better understand how the Big Boys work behind the scenes to manipulate the markets.   And often, the
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Snowflake Stock Forecast (08-06-21)

  Elliott Wave Stock Recommendation   Before we dive into our Snowflake Stock Forecast for this week.   Here’s a quick update on Snowflake for those who are not familiar with this fast rising tech star in the cloud computing space.   In a nutshell, Snowflake Inc. (NYSE : SNOW) is a cloud-based data platform.   It’s core platform offers Data Cloud Computing Services utilizing a “Infrastructure-As-A-Service” business model.   Essentially, Snowflake is an ecosystem that enables customers to consolidate
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Fastly Stock Forecast (22-05-21)

  Here’s a quick update on the status of the Fastly stock forecast.     One of the edge computing platform that we have been tracking for a while.     Based on the current Elliott Wave Analysis on Fastly (NYSE:FSLY).     The Fastly stock forecast are showing that there might be a strong confluence for a rebound around the $25-$35 region.     EW market structure seems to indicate that the larger WXY correction.     Where the Y-Leg is
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BILI Stock Forecast (26-04-21)

    Our blog post for this week focuses on the BILI Stock Forecast analysis.   Chances are, if you are not staying in the Eastern part of the globe.   Or a savvy stock investor.   Or into video sharing themed around Chinese related comics, online games and animation.    Then I would not be surprised if you have never heard of this fast rising stock called Bilibili Inc. (NASDAQ : BILI)       OVERVIEW   After an
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Beyond Meat Elliott Wave Forecast (19-04-21)

  BEYOND MEAT ELLIOTT WAVE FORECAST   Before we begin our Beyond Meat Elliott Wave Forecast for this week.   For those who are not familiar with Beyond Meat Inc. (NASDAQ: BYND) , here is a quick introduction.   In a nutshell, Beyond Meat Inc. is a producer of plant based meat substitutes.   The company genetically designs alternative food products to simulate commonly eaten meats like pork, chicken and beef.   After its IPO, BYND began its initial rally
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Raffles Medical Group Elliott Wave Chart Analysis (11-04-21)

OVERVIEW   Raffles Medical Group (BSL) was once considered the “Blue Chip” healthcare stock in Singapore.   Apparently, that was the “Previous” view a couple of years ago.   That was way before Raffles Medical Group decided to expand overseas.   And venture in the massive China markets.   When COVID hit our shores early last year, many investors are betting on this Healthcare stock to rise to the occasion.   Well, things did not quite turn out as expected,
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LMND Elliott Wave Analysis (21-03-21)

  If you are not familiar with Lemonade Inc. , the “Insurance” company and not the drink we are all so familiar with on a hot sunny day.   Then, here’s a short and quick intro to bring you up to speed.   Based in New York City, Lemonade Inc. offers  home owners’ insurance, renters’ insurance and pet insurance policies in the United States.   As well as other contents and insurance related liability policies in other parts of the
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NIO Elliott Wave Analysis (15-03-21)

Chances are, if you mention the Electric Vehicle (EV) industry, TESLA will be at the first EV stock that comes to mind.   But lo and behold, TESLA’s share price has already rocketed off way all the way to the “Red Planet”, way faster than SpaceX ever did, punt intended.   And if you are like me, constantly hot on the trails of similar EV stocks in the same industry.   Constantly scrutinizing similar EV stocks whose share price have
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FASTLY Elliott Wave Analysis (10-03-21)

  Here’s our follow up update on our FASTLY Elliott Wave Analysis.   Currently, our overall view is that FASTLY is about to complete the larger Wave ((II)) in orange.   And may likely be on its way up.       MARKET STRCUTURE PERSPECTIVE   From a market structure perspective, we observed that the long awaited lower degree ABC Flat Correction in White seems to be more or less complete.   The initial drop for the first A-Leg in
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STI Elliott Wave Analysis (01-03-21)

  STI OUTLOOK   Here’s a brief outlook of the Straits Times Index for the 1st day of March 2021.   Our STI Elliott Wave Analysis is showing signs that one of Asia’s worst performer, the Straits Time Index may be starting to turn the corner.   Well, at least in the short to medium term in our opinion.   As compared with the other indexes in the Asia region, the Straits Time Index has been consolidating for the longest
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FASTLY Elliott Wave Analysis (26-01-21)

  Here’s is a quick update on our FASTLY Elliott Wave Analysis.   Recently, the US markets has been really bullish following the inauguration of their new president.   And as the saying goes, “A Rising Tide Raises All Ships”, our short bias on FASTLY seems to have hit a snag.   If there is any lesson I learned over the years that I have been trading the financial markets.   That is to “Never” go against the trends of
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FASTLY Elliott Wave Analysis (11-01-21)

Brief History   Before we begin our FASTLY Elliott Wave Analysis. For those who are not too familiar with Fastly Inc (NYSE : FSLY), here’s a short and quick introduction.   Essentially, Fastly Inc. operates an edge cloud platform for processing and securing it’s client’s data and applications.   Its wide customer base includes clients in the digital publishing, media and entertainment, online retail, travel and hospitality as well as the financial technology sectors.   A little side trivia before
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BABA Elliott Wave Analysis (28-12-20)

  Here’s a short and quick breakdown of the BABA Elliott Wave analysis leading up to the 28th of Dec 2020.   From a longer term perspective of the BABA Elliott Wave Analysis weekly chart, we can identify that BABA began its initial growth protectory in the 3rd quarter of 2015.   Presumably, this shall be the start of our Elliott Wave count as wave ((I)) in orange.   From 2016 to the mid of 2018, BABA began to grow
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Emotional Mindfulness In Trading

  Chances are, you may or may not have heard the term “Mindfulness” in relation to trading. According to Wikipedia, “Mindfulness” is the practice of purposely bringing one’s attention to experiences occurring in the present moment without judgment. But what exactly is Emotional Mindfulness in trading? And how can we effectively use this technique to benefit our trading endeavors?       EMOTIONAL SELF DESTRUCTION IN TRADING   First and foremost, we need to understand and address the inherent emotional issues
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Medallia Inc Elliott Wave Analysis ( 05-10-20 )

Stock Overview   Country : United States Index : NYSE Sector : Technology Services ( SAAS ) Ticker : MDLA     Fundamental Overview               Medallic Inc was only listed last year in July 2019. Looking at the fundamentals, we can’t seem to use the usual financial metrics to examine this stock because it is a relatively “Young” startup with only around slightly more than a year’s worth of data.       A
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Raffles Medical Group Elliott Wave Analysis ( 30-08-20 )

Overview   Country : Singapore Index : Straits Times Index (STI) Sector : Healthcare Ticker : SGX.BSL ( Raffles Medical Group Ltd )         Raffles Medical Group Elliott Wave Analysis ( Monthly Chart)       Let’s begin our overview of Raffles Medical Group Elliott Wave Analysis on the longer-term monthly charts.       Raffles Medical Group (RMG) share price seemingly completed its impulsive 5-way move on the 23rd of July 2015.       This
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Top 3 Reasons Why Traders Fail Even Before They Begin Trading

            The Alarming Statistics Behind Why Traders Fail     Without the shadow of a doubt, the scariest statistics you will ever hear about the horrors of trading is probably the one that states that 90% of all retail traders fail.       Another statistical fact you might have come across is that almost 80% of all day traders quit within the first two years of trading.       Unfortunately, this is the
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