Whisperwave

Whisperwave Updated 

NASDAQ:SBUX Overview: Starbucks is in the midst of an Elliott Wave corrective structure, likely entering the C-wave of an ABC correction. The bearish momentum suggests that the correction isn't complete, presenting an opportunity to short as the structure completes. Elliott Wave Analysis: Wave A: The initial impulsive wave down broke key support levels,...

Whisperwave

C3.AI recently broke out of a bullish flag formation, signaling strong upward momentum. After the initial breakout, the price is now retracing, potentially retesting the former resistance of the flag as support. This retest could serve as a confirmation of the breakout before the next leg higher. Technicals: Volume Analysis: The breakout was accompanied by...

Whisperwave

The weekly chart for Liberty Energy ( NYSE:LBRT ) shows strong momentum as the price has successfully broken out of the triple bottom pattern and is nearing the overbought zone on the RSI. Observations and Continuation: As the price remains within an ascending channel, there is a potential to test the upper channel resistance, which aligns near the $25-$26...

Whisperwave Updated 

Liberty Energy (LBRT) appears to be forming a textbook triple bottom pattern on the daily chart, signaling a potential reversal from its recent downtrend. This bullish formation is characterized by three distinct lows around the $16.50 level, showcasing strong support at this price range. Key Observations: Support Zone: The $16.50 level has held firm as support...

Whisperwave

Overview: Intel has been on a prolonged downtrend since its highs of $69 a share between 2019 and 2021. However, recent price action suggests a bullish opportunity is brewing. The stock appears to have formed a Falling Wedge pattern at the monthly timeframe, a historically bullish reversal indicator. As of now, INTC is hovering around the $20 price range, a...

Whisperwave

NASDAQ:TLT Observation: The iShares 20+ Year Treasury Bond ETF (TLT) appears to have completed its C-wave of an ABC Elliott Wave correction. Prices have shown signs of consolidation around the critical support zone at $87.50, suggesting the possibility of a double-bottom formation. Support Zone: TLT is consolidating near the $87.50 level, which has historically...

Whisperwave

NASDAQ:SBUX Overview: Starbucks is in the midst of an Elliott Wave corrective structure, likely entering the C-wave of an ABC correction. The bearish momentum suggests that the correction isn't complete, presenting an opportunity to short as the structure completes. Elliott Wave Analysis: Wave A: The initial impulsive wave down broke key support levels,...