Elliott Wave Analysis of Cheesecake Factory (CAKE)

I dont know about you guys but I love a bit of cheesecake now and again, but at these levels I think the stock is a bit pricey. Looking at the advance from the 2009 lows, I can make a solid case that its close to...Read More »


Elliott Wave Analysis of EURGBP

Post copied from daily short term updates.

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A bit more upside would be ideal to end wave [e] and complete a 3 wave looking bounce from 0.8480, a move to 0.8600 would be enough. Although a test of 0.8650 would be better. The alt idea is that its...Read More »


Elliott Wave Analysis of APPLE (AAPL)

Post copied from daily short term updates.

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AAPL

With a 5 wave looking advance from 138.57, there are now enough gyrations to suggest that wave [v] could be completed, a strong reversal back below 142.00 is needed to support further downside, although if a peak is in place for...Read More »


Elliott Wave Analysis of Time Warner (TWX)

The advance like many US stocks appears to be close to ending a large impulse wave that started from 2009 lows. So a 5 wave structure is what we are counting. Currently I still think it needs a pullback for wave 4 of [5], so a...Read More »


Elliott Wave Analysis of Berkshire Hathaway (BRK.B)

I have been monitoring this stock for while for an edge to the INDU/SPX. Back in Jan 2017 I was expecting at least a new high for wave [v] to end wave 3.

Before

Fast forward, not only has BRK.B made a new high for wave...Read More »


Elliott Wave Analysis of Hudson Pacific Properties (HPP)

In the last post on this stock I was looking for a few more gyrations to the upside for  wave 5. Fast forward it appears we have got that upside although wave 5 appears to have morphed into a possible ending diagonal. If it is an...Read More »


Elliott Wave Analysis of Star Bulk Carriers (SBLK)

Not sure if this really sets any records but this has seen a crazy decline over the last number of years, its clear the market is pricing in bankruptcy on this stock. Its just issued a private placement in its last earnings report, but I was...Read More »


Elliott Wave Analysis of Goldman Sachs (GS)

With the new high, its now possible to count a 5 wave move from the Jun lows. So if you are still long this stock you may want to consider lifting stops around at 240.00 to protect any gains you have.

From the last post I made Read More »


Elliott Wave Analysis of Ensco Plc (ESV)

I highlighted this stock early in Jan 2017 as a potential setup to buy after it completed a 5 wave advance. Fast forward and not only has it put in a 5 wave advance from the Jan 2017 lows, it has also pulled back like we...Read More »


Elliott Wave Analysis of Atwood Oceanic Inc (ATW)

This stock got slammed from its recent earnings, it actually doubled its profits from the quarter before. Personally I think the move was a bit dramatic, but nonetheless the decline actually works out much better for those traders that are patiently waiting in the wings to...Read More »


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