Archives for Elliott Wave Blog

Beyond Meat Elliott Wave Forecast (19-04-21)

Beyond Meat Elliott Wave Forecast (19-04-21)

by | 18/04/2021 | No Comments

  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 from May 2019 as an impulsive 5-wave move in the form of a (1)-(2)-(3)-(4)-(5) sequence in Blue.   Reaching an
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Raffles Medical Group Elliott Wave Chart Analysis (11-04-21)

Raffles Medical Group Elliott Wave Chart Analysis (11-04-21)

by | 11/04/2021 | No Comments

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, did it?   But at least for now BSL share prices seems to seeing some signs of a recovery.  
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LMND Elliott Wave Analysis (21-03-21)

LMND Elliott Wave Analysis (21-03-21)

by | 21/03/2021 | No Comments

  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 world such as Germany, the Netherlands and France.       MASSIVE UPTREND   From our LMND Elliott Wave Analysis,
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FASTLY Elliott Wave Analysis (10-03-21)

FASTLY Elliott Wave Analysis (10-03-21)

by | 10/03/2021 | No Comments

  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 White was fast and furious.   An obvious candidate for a impulsive 5 wave move fueled by a massive “Gap-Down”
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STI Elliott Wave Analysis (01-03-21)

STI Elliott Wave Analysis (01-03-21)

by | 01/03/2021 | No Comments

  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 time.   We begin our STI Elliott Wave Analysis from the low of the 2009 financial crisis on the weekly
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