Price Target for the Downside According to Wave Theory analysis consensus price target of $243.16, Wayfair has a forecasted downside of 35% from its current price of $306.38.
the Japanese yen gained amid the overall risk-off sentiment on the market. Let’s discuss the details. WHAT HAPPENED? The Federal Reserve held a meeting yesterday, where it left rates at low levels until 2023. Nevertheless, market participants didn’t take it as dovish. Instead of that, the US dollar strengthened and outperformed most major currencies (except the...
A “scam?” I’m not sure why most of TSLA bears really want to use that word instead of “overvalued,” but let me answer the question based on two main factors TA and FA Tesla is a publicly traded stock. That means there is a free market for Tesla stock and that everything surrounding the trading (i.e. the supply and demand) of the stock is highly regulated. That...
Bitcoin at $0 — a hard sell Despite the overwhelming likelihood that Bitcoin will not in fact drop to anywhere near-zero thanks to network incentives, the cryptocurrency is not without its vocal detractors. but looking at Wave theory principles and the pattern we see, it is very likely that it can test multi-years low in the coming weeks. below I attached the...
Wait for the SPX to dips around 2860 then u can buy as much TWTR as u can.
Overall, I am quite pleased with Twitter’s performance. as I could catch a more than 40% rally to the upside. Particularly, I like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. That being so, a study of the latest analyst forecasts show that the company is...
Hi traders, I will sell this on Monday for the completion of ABC corrective structure with the SL above the recent high
The dollar's nosedive is already being interpreted as the "end of US hegemony" and other silly ideas. As we have been worrying all along, a Shock can put the dollar back in the spotlight as the safe haven. luckily coming to Wave Theory principles it shows the correction after the first impulse to the upside to be finished this Monday and we can buy US Dollars with...
looking at the wave structure of this over-inflated EFT, We are going to have a sharp 20% short term fall before any fresh up moves from the dip.
Hello traders this is going to below 80 for the competition a monthly correction
Short the heck out o this
Historically, the average recession has been met with the Fed reducing the federal funds rate -- the overnight lending rate between depository institutions -- by 500 basis points. The problem is that the Fed only expanded the fed funds rate to a peak range of 2.25% to 2.5% during the longest economic expansion in U.S. history. Having reduced the fed funds rate...
Short