Tesla is currently at Correction Wave C on the Elliot Wave Theory. This means that the price of Tesla should keep falling till mid $500s or up to mid $300s. The Company is very strong financially and if the Elliot Wave pans out, I will looking for dips to add longterm (Preferably $300s of course). There is no timeline or exact date as to when Tesla should be...
Square Inc from a Technical Analysis perspective, looks like it's ready to push far and high to $155+.
Technical Indicators + Oil Trends = FCEL Push to $8+?
At first glance, Shopify seems to be at a Undervalued Price Point. They have huge growth, crazy Net Incomes, Profitability, and an Under 35 P/E ratio. However, taking a look deeper into their Financials, Shopify's P/E ratio is actually much more than 250, which is almost 10x the P/E Ratio given on many brokerages. So What Gives? Most of Shopify's Net Income is...
Trade Idea Looking into the USDTRY the chart looks to be ready to start a breakout in the upward direction. The main indicator here is the Bond Rate (Turkey), which is much lower than 1. Typically, when the indicator is below 1, USDTRY moves up substantially. Economics: Turkey itself is a Country with huge inflation issues, and other economic crisis so in...