Archives for Elliott Wave US Stock Market

NIO Elliott Wave Analysis (15-03-21)

NIO Elliott Wave Analysis (15-03-21)

by | 14/03/2021 | No Comments

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 not yet rocketed.   Then, you should also be familiar with other up and coming EV growth stocks like NIO,
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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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FASTLY Elliott Wave Analysis (26-01-21)

FASTLY Elliott Wave Analysis (26-01-21)

by | 26/01/2021 | No Comments

  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 Mr. Market.   Trust me when I say that the “MARKETS ARE ALWAYS RIGHT”!   No matter how much analysis
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FASTLY Elliott Wave Analysis (11-01-21)

FASTLY Elliott Wave Analysis (11-01-21)

by | 10/01/2021 | No Comments

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 we begin . . .   Did you know that this company was formerly known as SkyCache Inc. before changing
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BABA Elliott Wave Analysis (28-12-20)

BABA Elliott Wave Analysis (28-12-20)

by | 28/12/2020 | 2 Comments

  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 rapidly into the Tech / E-Commerce giant we know today.   This extended period of growth can be viewed as
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