Short Term Elliott Wave view in Netflix ticker symbol: $NFLX suggests that rally from 8.05.2024 low is incomplete & should continue upside. It is showing 3 swing higher since August-2024 low & expect more upside against 11.18.2024 low. It ended 1 at $736 high as diagonal & 2 correction at $669 low. Within 1, it placed ((i))…
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Toll Brothers (TOL) Favors Pullback Before Rally
oll Brothers, Inc., (TOL) designs, builds, markets, sells & arranges finance for the range of detached & attached homes in Luxury residential communities in the United States. It also owns & operates architectural, engineering, mortgage, title, land development, insurance, smart home technology, landscaping, lumber distribution, house component assembly & manufacturing operations. It comes under Consumer…
Bank of America Corp. $BAC Blue Box Area Offers A Buying Opportunity
Hello everyone! In today’s article, we’ll examine the recent performance of Bank of America Corp. ($BAC) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 05, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse…
Cardano Looking To Turn Higher From Elliott Wave Blue Box Area
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Cardano ticker symbol: $ADAUSD. We presented to members at the elliottwave-forecast. In which, the rally from the June 2023 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore,…
EURGBP Elliott Wave Analysis – where can sellers enter again?
EURGBP has been one of the most fascinating currency pairs in the forex market for years. After a minor bounce in July, the pair broke lower again and is now approaching the March 2022 lows. Consequently, we expect the downside to continue for several weeks toward our projected targets. So, when and where should traders…
Rigetti Computing RGTI Hit Target, What is Next?
RGTI has risen rapidly in value in recent days attracting the attention of investors. Here we have the 15-minute chart. Applying the Elliott Waves principle, the stock should find support in 5.89 – 7.07 area to complete a wave 4. This would generate a new rally on wave 5 that could reach around 8.94 –…
France’s Groupe BPCE to Offer Bitcoin and Crypto Investments to 35M Users
France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), has approved BPCE, one of the country’s largest banking groups, to operate in the crypto space. This will be done through its subsidiary, Hexarq, after receiving regulatory approval from the country’s financial markets watchdog, the AMF. The services are expected to launch in 2025. Source:…
North Korean Hackers Stole $1.3 Billion In Crypto, Chainalysis Report Finds
Crypto hackers affiliate with North Korea stole $1.3 billion worth of crypto in 2024 – over double the amount looted in 2023 – as concerns continue over the country’s weapons of mass destruction program, new data released December 19 from Chainalysis shows. Chainalysis Report Shows Increased DPRK Crypto Hack Value According to the blockchain analytics…
Opinion: AI and Blockchain Can Save Gaming From Cheating
As competitive gaming grows into a billion-dollar industry, how do we tackle the age-old problem of cheating while maintaining trust in an evolving digital landscape? Esports has become a cultural phenomenon, with the worldwide gaming market reaching an estimated revenue of almost 455 billion U.S. dollars, rivaling traditional sports in scale. This has resulted in…
US Charges Dual Russian-Israeli National in Connection with LockBit Ransomware Group
U.S. authorities have charged Rostislav Panev, a dual Russian and Israeli national, for his alleged involvement with the LockBit ransomware group. The Department of Justice (DOJ) announced the charges on Friday and seeks Panev’s extradition. U.S. Attorney Philip R. Sellinger unsealed the criminal complaint in the District of New Jersey on December 20. LockBit Ransomware…