VeChain is struggling to stay above the key support at $0.018, but the anticipated low of the orange corrective wave ii should form above this red line – or may have already done so. Once the bottom is indeed settled, we expect the orange wave iii to break out impulsively, pushing well beyond the $0.08 resistance, where the entire orange five-wave move should...
With the recent sharp pullback, AVAX has entered the lower third of our magenta long Target Zone between $24.42 and $13.30. The low of the turquoise wave 2 is approaching and should form well above the $8.64 support. From the bottom of wave 2, we expect a rally in the turquoise impulse wave 3, which should aim for the current all-time highs of the last bull run.
As expected, Netflix reached a new all-time high at $1,067, completing the magenta wave . Since then, the stock has already pulled back by nearly 20%. The ongoing magenta wave should extend further into our new magenta Target Zone, which spans $789.04 to $704.43. Since we anticipate a sustainable rebound from this range, it presents an opportunity to initiate...
Since the beginning of February, Take-Two Interactive has been moving mostly sideways with a slight downward bias. Currently, the ongoing beige wave b should continue upward, driving the stock into the beige Target Zone between $241.59 and $257.87. There, this corrective rally should conclude, setting the stage for a sharp downward move. However, if the stock...
Decentraland’s MANA remains stuck in corrective territory and should drift slightly lower in the short term, aiming for a new bear market low in the green correction wave . From that level, the next five-part magenta impulse should take over, pushing the price back above both the $0.59 and $0.85 resistance levels in wave . However, there is a 33% chance that...
Due to continued downward pressure, Salesforce has made further progress in realizing our primary scenario. During the ongoing green wave , we still expect the stock to sell off below the support at $274. However, if the price imminently climbs above the resistance at $312, we will have to reconsider the structure of the ongoing decline and reckon with a magenta...
ExxonMobil should soon resolve the ongoing sideways phase, allowing the turquoise wave 2 to establish its corrective low below $104.84. This final pullback is still needed before the next impulsive rally unfolds. Alternatively, there is a 32% chance that the key low was already settled by the turquoise wave alt. 2. A break above $123.74 would confirm this scenario.
At the start of the year, MMM continued to rise higher before the rally temporarily transitioned into a consolidation phase. February brought slight downward pressure, but after a brief spike back to $141 last week, buying interest returned noticeably. This triggered a strong upswing, with the stock gaining nearly 10% in just a few trading days. As a result, we...
Polkadot has been unable to resist the widespread downturn in the altcoin sector, giving up much of its recent gains after a solid performance in recent days. Our grayed-out Target Zone for the low of the green wave is coming back into focus – though under our primary scenario, DOT shouldn’t fall much lower in the short term. If the coin drops below the $3.80...
Hovering near the 6,000 points mark, the S&P 500 enters the second half of the week at a critical juncture. The next few trading sessions will determine whether the index will push directly to new record highs or first undergo a more extended correction. In our primary scenario, the S&P should continue selling off to settle the turquoise wave 2’s low within the...
As part of Apple's ongoing wave (2) correction, we assume that the subordinate turquoise wave X still needs to conclude in the short term before the price can drop into our magenta Target Zone between $209.57 and $196.05. There, we anticipate a bullish reversal, which should offer trading opportunities for the long side and mark the starting point for the next...
After a sharp rebound from the $152.02 support following the steep drop from the peak of the beige wave II, Oracle is once again tilting downward as expected. The next step should see the price fall below $152.02 to reach the projected low of the beige wave III. After a countermovement of wave IV, the broader downward movement as part of the beige five-wave...
Disney appears to have stabilized after its recent sell-off, holding above the $106.26 support level. From here, the price should push beyond the $123.74 resistance during the turquoise wave 3. However, if it drops below $106.26 (41% probable), it will trigger our alternative scenario, signaling a move into our blue Target Zone between $97.27 and $91.46. After the...
The Pepsi stock recently showed a strong reaction to the support at $141.52, reinforcing the significance of this level. However, we primarily anticipate that this level will be breached next. During the ongoing magenta wave (5), the price should drop into our beige Target Zone (coordinates: $131.12 – $124.50), which presents potential long-entry opportunities. We...
After a brief recovery, VeChain is trending lower once more. The low of the orange wave ii from early February is approaching but shouldn’t be undercut for the structure of the orange impulse wave iii to remain intact. Soon, we expect a decisive and sustained breakout of this wave iii above the resistance at $0.08. As a mid-term target, the entire orange five-wave...
Coinbase’s positive earnings initially served as a catalyst for a brief breakout from the previously established range, with shareholders enjoying a nearly 16% gain. However, the euphoria was short-lived, and the stock quickly retreated. We attribute the current fluctuation to the blue wave (v), which should provide further increases and ultimately complete the...
Ripple’s recent upward push didn’t prove to be sustainable. Anyway, we primarily anticipate another significant sell-off, which should drive the price down into our magenta Target Zone between $1.69 and $1. These declines should allow the corresponding corrective wave (4) to establish a proper low. Only after this bottom has been settled do we reckon with the...
Boeing recently climbed higher, and we still grant the magenta wave slightly more room on the upside. However, this corrective upward movement should come to an end below the resistance at $197.20 and transition into the sell-off phase of the same-colored wave . This movement, in turn, should complete the overarching turquoise wave 2 while remaining above the...
