Prepare for a further 25% loss in Glencore PLC share value

by | Jun 27, 2012 | UK Stocks

There are strong Elliott Wave reasons to think Glencore stock (GLEN:LSE) is all set to continue its dive in the coming weeks. The decision by Qatar Holdinigs to seek improved merger terms sent shock waves up the spines of those who were hoping for some stability in...

Elliott Wave Analysis of EasyJet PLC

by | May 6, 2012 | UK Stocks

Let us see what Elliott Wave Analysis of EasyJet Plc suggests about the possible future direction for this stock. This low-cost passenger airline that conducts operations throughout the United Kingdon and mainland Europe has seen its stock recover nicely from around...

What is the Medium Term outlook for UBS?

by | May 5, 2012 | Swiss Stocks

The medium term outlook for UBS is for a move lower first followed by a significant rally. Let us look at the stock from an Elliott Wave perspective. If you are a regular reader of my comments, you would know that I use the Elliott Wave principle to achieve my goals,...

Elliott Wave Analysis of Emar, Dubai

by | May 1, 2012 | Dubai Stocks Outlook

It has been a while since we looked at the Elliott Wave Analysis of Emar, an important component of the Dubai stock index. As always, there are more comments on the chart than here. Enjoy. PS The stock is still looking positive and could test the top of wave 1 seen...

Is Bank of America a long-term buy?

by | Apr 30, 2012 | US Stocks outlook

Is Bank of America (NYSE: BAC) a long-term buy? Let us consider this question from an Elliott Wave point of view. We start the analysis with a weekly chart of BAC. You can observe the prior steep sell off has finished with a five wave downmove, and importantly the...