by Ramki | Mar 2, 2013 | Indian Stocks Trading
Elliott Wave Analysis is a powerful tool if used properly. For instance, the following Elliott Wave Analysis of Dr. Reddy’s laboratories Ltd as shown in the chart suggests that a major extended third wave has likely finished at the Rs 1968 levels. If you had this...
by Ramki | Feb 19, 2013 | US Stocks outlook
Hello! I forgot to let you know that this article on Best Buy was posted in Forbes back in Mid Jan 2013. Bloomberg is reporting that BestBuy has added 1.5% to reach $17.13 in German trading after an analyst at Barclays Bank raised the stock to over weight, the...
by Ramki | Feb 17, 2013 | US Stocks outlook
Agilent Technologies was cut to sell vs hold by some analyst last week. However, that is not what triggered a 5.23% sell off on Friday, making it the worst performer of the S&P500 index. It could be the fact that a correction of the 1st leg down as shown in the...
by Ramki | Feb 17, 2013 | US Stocks outlook
Some people think that Elliott Wave Analysis is largely the ability to compute Fibonacci Ratios. When I saw the attached chart today, I wondered whether this could be a nice example to share with you. Of course, I could be completely wrong, and EOG Resources could...
by Ramki | Dec 27, 2012 | US Stocks outlook
Elliott Wave Analysis of Home Depot shows some interesting possibilities. I recollected having posted on Home Depot some time ago, and looked it up. I suggest that you do the same, as it is a learning experience. That old post which appeared on Forbes did not work out...
by Ramki | Nov 23, 2012 | US Stocks outlook
Elliott Wave Analysis of IBM presents a fascinating study of how one could profit from the use of this approach to trading the stock markets. Today I present you three charts that show you how IBM stock moved exactly as an Elliott Wave text book would have described...