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Wavetheory

Waste Management - Time for Big Short?Although not a 'sexy' and popular tech company Waste Management has enjoyed an exponential growth for the past decade. Is it time for this bubble to burst? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years (124.63%) Profit margin - not impressive but decent 10.30% P/E - quite overpriced at 36x considering this is not a growth company Liabilities - no problems there Technically: Although the share has enjoyed good growth since March 2020 fall, another considerable drop in 2022 has completed a lengthy and running correction of Wave 4 Since then there was an Ending Diagonal developing and only last wave C of 5 left After slightly updating the high it is possible for the price to go into long term correction with a considerable drop in the first wave The target is likely to be the range between $85-$105 which represent 0.5 and 0.382 Fibonacci retracements respectively What do you think about this scenario? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:WMShort
by vitalalyt
Amphenol Corp - Possible 25% Upside?Not a well known company Amphenol Corp producing fibre-optic products which has surprised market expectations in the last earnings report and may have a good upside for short term investors before global correction. Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years Profit margin - is at circa 14.6% P/E - a little overpriced at 25x Liabilities - no problems there Technically: Following the correction of 2020 which has completed the Expanding triangle, a new 5 wave impulse was developing Waves 1-4 however have formed already with the last one as a Running Flat And it's time for the last impulse or diagonal to follow The target is likely is to update the current high of $88.33 which can make a healthy 25% in a short term What do you think about Amphenol Corp , is it able to make the final push for the historic highs? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:APHLong
by vitalalyt
1
BITCOIN - To The Moon or Into Deeper Correction?It is certainly difficult to predict the next move for Bitcoin but one of the alternative options is the beginning of a new cycle which may accelerate the price growth of the crypto giant. Few points to support this idea: The global count indicates that five wave impulse has been completed at the peak of April 2021 - chart is to be shared as an update to this idea In this case the movement between April 2021 and January 2022 is a Running Flat correction which perfectly completes global wave 2 Since then the coin is at the stage of accumulation having formed wave 1 of global wave 3 And now wave 2 may possibly take shape of another running correction which is typical before an exponential rally All of this is a raw scenario at the moment until we get a confirmation breaking the levels of 48,189 or 32,917. So let's wait and see what our favourite Bitcoin brings us. What do you think about this scenario? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
Long
by vitalalyt
BITCOIN - New Cycle to $1,000,000?It is time for the crypto giant Bitcoin to start new accumulation cycle? The view presented here is in log scale in order to understand the global structure of waves. For more detailed assessment to see the granular breakdown of waves please view the idea attached in the Update section. What do you think about this scenario? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
BITSTAMP:BTCUSDLong
by vitalalyt
6
Brent Oil - To Slide Before Heading to $150?It is near impossible to following all the developments in the geopolitics and try to forecast the price of Oil but what does technical analysis suggest? Elliott Waves break down: The sharp fall in March is clearly a motive wave which is likely based on a double zig-zag The correction that has been forming since then is clearly a triangle but this type is very tricky and more often than not confused a lot of traders Looking at the symmetry of the overall correction it is more likely that exit from the tringle is to be triggered downwards In the case of this scenario the next wave will also be in form of zigzags and retracing from 0.618 to 0.786 of wave X hence the target of $84 to $89 As mentioned earlier, if the triangles are very condensed and of high amplitude it is more difficult to predict their development. So let's see what happens next week and update the count as needed. What are your thoughts about this scenario? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
TVC:UKOILShort
by vitalalyt
4
NET - Is it Worth Risking for 130% Upside?Do you believe in Cloudflare enough, the company which is still not profitable, to invest at this stage? Fundamentally: although revenue grows exponentially the company is not making any profits, there is not much else to add and a lot will depend on the upcoming earnings report Technically: It is very tricky to analyse Cloudflare as it is a relatively young company and at its infancy development stage hence there is not much to assess on the graph The proposed scenario, which is one of many, may look plausible if to consider that cyber security industry is crucial more than ever these days One may count an impulse in the wave formed from March to November 2021. However, this scenario is based on the premise that this move was part of a Running Flat correction which completed in January 2022 Since then there were two impulse like movements that can be interpreted as zig-zag of the first impulse in the developing Ending Diagonal Is it possible that this scenario may play out? Let's see the report and will revisit this thought. However, at the moment it might be risky to go either way. What do you think about this idea? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:NETLong
by vitalalyt
3
McDonalds - Dividend Aristocrat to Correct by 30%?Are we about to observe similar drop for the global giant McDonalds that we saw in 2020? These are few points that may trigger it: Fundamental indicators: Recession - warning macro signals suggest that world economies are slowing down and recession is possible within a year, this may be reflected in the forecast of the company, like any other in S&P500 Eastern Europe conflict - suspension of business in Russia will certainly have an impact on earnings P/E - is quite high at 25x and possible correction may let some steam out of the overpriced stock Liabilities - rising against assets and equity which may be at uncomfortable levels for investors Technically: Since the significant drop we saw in 2020 there was a hype in the market linked to Fed 'money printing', however the bull run is difficult associate with an impulse. Hence this is a complex running correction forming with double zig-zags. And one of the distinctive points of this correction is that waves W and Y are very symmetrical and of the similar amplitude The potential correction may be very rapid after the earnings report and reach levels of $190 to $170. Alternative scenario - if the report comes out positive then wave X may continue extending and to update current highs before repeating this significant correction What are your thoughts about this scenario? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:MCDShort
by vitalalyt
2
TSM - New Growth Cycle with 100% Potential?Is the world leading chip maker TSMC about to start a new growth cycle? Fundamental indicators: Revenue and Profits - exponential growth Profit margin - is at circa 37%, impressive figure considering the growth levels P/E - reasonable at 23x Liabilities - no problems there Risks: Recession - is not likely to have a big impact on TSMC as demand on its products keeps growing, but it may impact share prices when the market starts correcting China tensions - this is the highest risk to stability and future of this business which is difficult to assess but it certainly needs to be taken into account Technically: Following correction of 2020 there was an explosive growth in the share price of TSMC which indicates that it was wave 3 using Elliott Wave analysis And looking at the structure of the correction that has developed since the peak - the impulse like movement at the end suggests it is an Extended Flat At the lower time timeframe it is visible that the fifth wave of this impulse is quite choppy which indicates that ending diagonal is developing and soon there will be a reversal Given the depth of the forming wave 4 is 50% (using Fibonacci level) the fifth wave maybe not as explosive and may reach $150 to $190, which is impressive 100% jump from the current price level Alternative scenario - there is a possibility that wave 4 has not completed yet and it may drop further, however, at the moment it looks unlikely Do you think that TSMC is going to start another impressive bull cycle? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:TSMLong
by vitalalyt
Visa - Can it Still Jump 30%?Is the financial giant Visa still able to show upside of up to 30% given the struggles in the world? Fundamental indicators: Revenue and Profits - keeps growing and beating expectations Profit margin - is at circa 50% which makes it one of a kind P/E - is quite high at 35x but may be deemed acceptable with this sort of business efficiency Liabilities - no problems there Risks: Recession - is most likely approaching hence will eventually impact this impressive business as well Eastern Europe conflict - suspension of business in Russia will have some impact on earnings Technically: It is clearly visible that Visa was enjoying exponential growth up until 2020 - which can be marked as global wave 3 using Elliott Wave count Following Fed's pump of money into economy it stretched the correction into a Running Flat which ended in February 2022 And now we are potentially enjoying the final fifth wave which already looks that it may develop into Ending Diagonal when observing in lower timeframe Specifically it looks like the first wave has already been formed by zigzag ,and now that the second wave has completed the third wave is developing Depending on the shape of the fifth wave, Ending Diagonal or Impulse, the target is potentially ranging from $250 to $270 using Fibonacci levels Alternative scenario - there is an alternative scenario that the fifth wave has already completed but it looks very unlikely at the moment So the question is - will Visa be 'the last man standing' continuing the growth before crisis hits the global economies? What are your thoughts about this scenario? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:VLong
by vitalalyt
Mastercard - Time to Prepare for Deep Correction up to 50%?Is there much left to squeeze out of the never ending bull run on Mastercard ? Fundamental indicators: for the long time Visa and Mastercard were undefeated corporate giants with unbelievable circa 40% profit margins and growing exponentially since 2008 crisis. Let's look at some factors, if any, that may break this trend Recession - warning macro signals suggest that world economies are slowing down and recession is possible within a year, this may be reflected in the forecast of the company Eastern Europe conflict - ban on use of Visa and Mastercard in Russia will certainly have an impact on earnings P/E - is quite high at 39x and possible correction may let some steam out of the overpriced stock Technically: Following the correction of 2020 which took a form of Running Flat (ABC, 3-3-5) it is very visible that the price is moving very choppy which usually suggests that there is not much energy left in the bull run and Ending Diagonal is developing The Ending Diagonal takes structure of 3-3-3-3-3 and the current proposed idea indicates that waves 1-4 have completed and wave C of 5 is about to begin to update the high of $402 What's next - given that the last correction was nearly 540 days, the next one will be even longer once the Diagonal is completed. The shape and depth will be clear during the development but it's likely for the price to test levels of 250 (0.382x Fibonacci retracement) or even $200 which is 0.5x. It will be clear what scenario is developing following the upcoming earnings report. Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:MAShort
by vitalalyt
4
BTCUSDCOINBASE:BTCUSD After a 12345 correction is time to wait for bitcoin to choose a direction. This will be indicated by a "Motive Wave" Motive Waves In Elliott Wave Theory, the traditional definition of motive wave is a 5 wave move in the same direction as the trend of one larger degree. There are three different variations of a 5 wave move which is considered a motive wave: Impulse wave, Impulse with extension, and diagonal. EWF prefers to define motive wave in a different way. We agree that motive waves move in the same direction as the trend and we also agree that 5 waves move is a motive wave. However, we think that motive waves do not have to be in 5 waves. In today’s market, motive waves can unfold in 3 waves. For this reason, we prefer to call it motive sequence instead. www.google.com
COINBASE:BTCUSD
by CFlo17
AUDUSD Trend Analysis And signalBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
Long
by Sina-TFX
GBPCAD Analysis and signalBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss and the target marked on the chart Do not be greedy and adhere to the specified principles. I hope you will be profitable Note that there is no 100% analysis and it is possible to stop flirting This is a personal analysis and you should not enter into a transaction without review If you know this, make a purchase Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction. High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking. This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
Long
by Sina-TFX
CADJPY Wave And Trend Analysis and SignalBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer In the financial markets, in the technical analysis of Elliott wave theory and its different styles, it is like the letters of the alphabet to read the price movement on the chart and it helps us a lot to diagnose and predict the future price. Fibonacci One of the good friends is a bargain and shows us good and useful support and resistance, especially if the combination of all types of Fibonacci expansion and retracement and the formation of a Fibonacci and PRZ range show us useful and interesting return ranges. Where there is potential for price diversion Trend lines can be a great help to a trader who finds areas with potential for return or indeed resistance and support on the chart. By drawing the rand lines correctly, you will see that the price responds to these areas with surprise. In general priceaction what dynamic trend lines are statically useful
Short
by Sina-TFX
BNBUSD WAVE And Pattern Analysis The correctional structure, especially the three waves, whether in descending or ascending and pulse correction, indicates the formation of a diametric pattern. This post is just a personal idea and analysis should not be the criterion for buying or selling The last specified pattern is currently in a flat pattern. The structure is in high time and the whole chart is in the form of a diametric pattern. You can see the ascent from this area, but lower levels can be achieved
BINANCE:BNBUSD
by Sina-TFX
SLPUSD WAVE AND PATTERN ANALYSISWhat is a NEoWave Diametric Formation? ANSWER: I discovered this wave pattern around 1992 - two years after Mastering Elliott Wave was published. As a result, it is not mentioned in the book. A NEoWave Diametric is a 7-legged formation (Triangles are 5 legs, Flats and Zigzags are 3) that does NOT involve an x-wave. As a result, instead of a-b-c - X - a-b-c, I had to continue with the alphabet, labeling it a-b-c-d-e-f-g. The distinguishing factor of a Diametric is the similarity of each wave segment in time and complexity to the other six. In Flats and Zigzags, time and complexity differences are extreme between waves-a, b and c. In Triangles less so, in Diametrics time similarity (not time differences) is the norm. Diametrics occur in two main categories. One in which a period of expansion is evident during waves-a, b, c and d, followed by a period of contraction for waves-e, f and g. The other is the reverse; contraction occurs first during the first four wave segments, followed by expansion for the remaining three. This creates the look of a bowtie for the first series and a diamond shape for the second. In the financial markets, in the technical analysis of Elliott wave theory and its different styles, it is like the letters of the alphabet to read the price movement on the chart and it helps us a lot to diagnose and predict the future price. Many technical analysts are trying to capitalize on Elliott's wave theory in the stock market. This hypothesis states that stock price movements can be predicted; Because the ups and downs of the waves are repetitive. Elliott Wave Grading Elliott waves are calibrated with time frames. Grand Super cycle Super cycle Cycle Primary Intermediate Minor Minute Minuette Subminuete Elliott Wave Theory was developed by Ralph Nelson Elliott to describe price movements in financial markets. Waves can appear in customer behavior and stock price movements. Investors are trying to make a profit from the rising tide. The theory of Elliott waves was developed by a man named Ralph Nelson Elliott in the 1930s. Until then, the stock market was thought to behave incomprehensibly and accidentally. But Elliott believed that the market actually followed repetitive patterns because people's emotions were repetitive. For example, in the face of fear of loss, all people are salespeople. This emotional factor shapes behavior in financial markets that is the same throughout history and in all human beings. The effect of these emotions on price charts is also evident. So it can identify these patterns and use this knowledge to analyze the market. Elliott's wave theory is actually used to describe price movements in financial markets. Investors are kind of riding a wave to profit from market trends. So in the financial markets, every move, regardless of its direction (rise or fall), forms a wave of movement. Elliott began researching market analysis at age 75, when he retired from illness. He continued his research on the annual, monthly, weekly, and daily index charts and hourly charts he had created. Elliott then described the specific rules governing how to identify, predict, and invest in his own patterns, and named it Elliott Waves. The results of this extensive research in a collection called "R.N. Elliott’s Masterworks ”and was published in 1944 and gained a lot of fans. Elliott Wave International is one of the largest companies in the field of financial market analysis in the world, which is analyzed in the style of Elliott Waves. Fibonacci One of the good friends is a bargain and shows us good and useful support and resistance, especially if the combination of all types of Fibonacci expansion and retracement and the formation of a Fibonacci and PRZ range show us useful and interesting return ranges. Where there is potential for price diversion Trend lines can be a great help to a trader who finds areas with potential for return or indeed resistance and support on the chart. By drawing the rand lines correctly, you will see that the price responds to these areas with surprise. In general priceaction what dynamic trend lines are statically useful Price Action is one of the attractive trading methods in financial markets such as foreign exchange market, digital currencies, international stock exchange, Iran stock exchange and so on. In this method, the main focus is on the asset price range and its changes, and there is no mention of the various tools we see in technical analysis. By observing the trend of price changes, one can get a relative understanding of the behavior of other traders and market players and consequently the possible trend of price movements in the future. Price action, like all trading methods, requires training and learning the basics. The purpose of these preparations is to identify the main market trends, price patterns, identify the strength of the trend, identify price candles and .... Join us to learn more about this style of trading and the patterns and methods of trading in Price Action. At the same time, Price Action offers us various trading strategies, and all of them work only by examining the behavior of the price chart. These strategies are called "Trading Setups" and Pin Bar Setup, Fakey Setup and Inside Bar Setup are a few examples. In the following, to explain more about the price chart space, we will explain these 3 more.
Short
by Sina-TFX
10
NVIDIA WAVE AND PATTERN ANALYSIS The correctional structure, especially the three waves, whether in descending or ascending and pulse correction, indicates the formation of a diametric pattern. For the formation of wave b, which is another sign of diametric wave formation in wave a and g, in 1999 and 2019, respectively, we see diametric waves in their microwaves. In the case of the formation of this structure, we will see a deep decline in many companies listed on the US stock exchange, which will last for several years and we are at the beginning of a possible major recession. This post is just a personal idea and analysis should not be the criterion for buying or selling
NASDAQ:NVDAShort
by Sina-TFX
22