VitalDirection

VitalDirection

At Vital Direction, our analysis of Ethereum (ETH) presents an optimistic trajectory following its recent correction. Ethereum reached a high of approximately $4,100 in March 2024, subsequently undergoing a WXY corrective structure. The W and X waves formed as ABC zigzags, while Y manifested as an ABCDE contracting triangle. We believe the Y wave’s bottom, marked...

VitalDirection

In our technical analysis of Boeing (BA), we currently favour a bullish scenario. We believe that wave 5 of 5 is now in progress, following a prolonged consolidation phase from Boeing’s all-time high of $450, which developed into a bullish triangle (ABCDE). The recent low indicates that Boeing is poised for a breakout, potentially reaching new all-time highs....

VitalDirection

Since Tesla’s share price peaked around $415 in 2021, it has undergone a complex correction phase. This correction aligns with what is known in technical analysis as a WXY pattern. Understanding this structure provides insights into potential future movements in Tesla’s stock, which has experienced considerable fluctuations over recent years, driven by both...

VitalDirection

With a pivotal rebound anticipated in China’s economy, we at Vital Direction see an exceptional opportunity in select stocks across diverse sectors. Our technical analysis of the FTSE China A50 Index points to a powerful recovery following a decade-long correction. Below, we profile eleven companies across sectors such as biotechnology, infrastructure, and...

VitalDirection

As the Chinese stock market shows signs of a bullish outlook, Seik Motor Corporation Limited (600104) appears well-positioned for a significant upward movement. This analysis is based on the belief that the market is either experiencing or will soon enter a period of sustained growth, potentially benefiting undervalued stocks like Seik Motor. From a technical...

VitalDirection

At Vital Direction, we’re closely monitoring Chongqing Zhifei Biological Products Co., Ltd (ticker: 300122) as we believe it’s poised for a significant upward movement, reflecting our bullish outlook on the broader Chinese stock market. With our technical analysis framework, we interpret this stock as highly undervalued and positioned for potential growth, in line...

VitalDirection

In our analysis of Bitcoin, we believe the bottom was reached in November 2022. Since then, we’ve observed a significant upward trend. We expect this momentum to continue, with Bitcoin reaching between $120,000 and $150,000 by February 2025. After hitting these highs, we anticipate a substantial correction to follow.

VitalDirection

22nd October 2024: At Vital Direction, we have meticulously analysed the GameStop (GME) stock, famously known for its historic short squeeze, and we believe a significant opportunity is on the horizon. Following the extraordinary rally, GameStop has undergone a prolonged and complex corrective phase, which we now interpret as nearing its conclusion. From the...

VitalDirection

At Vital Direction, we’re observing a fascinating setup with AMC Entertainment Holdings (AMC). After establishing what we see as a crucial bottom around the $2.40 mark, AMC staged a remarkable rally to roughly $12, sparking considerable interest among investors. Since reaching this peak, the stock has entered a challenging corrective phase, which we interpret as...

VitalDirection

At Vital Direction, we’ve conducted an in-depth analysis of the FTSE China A50 Index, focusing on its long-term trend and potential turning points. Since its all-time high back in October 2007, the index has experienced a complex and extended correction, which we interpret as an ongoing ABC corrective pattern within Elliott Wave Theory. Analysis of the FTSE...

VitalDirection

We believe the $65 level represents a significant bottom, marking the end of the current corrective phase. Based on cycle analysis, we expect oil to rise steadily from this level, with a target of $97. This upward movement is anticipated to occur by late January 2025. As the price approaches this target, we will closely monitor the technicals for any signs of...

VitalDirection

As the 2024 U.S. presidential election between Donald Trump and Kamala Harris draws to a close, discussions on its potential impact on the stock market are intensifying. The common belief is that elections like these have significant influence on market direction, with some expecting substantial shifts based on which candidate emerges victorious. Yet at Vital...