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

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,...