Below are the downside targets for Shopify Inc. (SHOP) As of March 9, 2022: Continue reading
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Below are the downside targets for Shopify Inc. (SHOP) As of March 9, 2022: Continue reading
Below is an update to our March 5, 2021 downside targets for ARK Innovation based on the work of Edson Gould.
The targets, based on the $156.58 peak, continues to be at:
The red boxes indicate where the price either breaks above or below the prior support (now a resistance level). Currently, the ascending $71.98 level is a resistance which, if broken to the upside, will provide positive momentum to retest the ascending $90.73 level. Naturally, a break below the ascending $53.23 level usually results in that being the next target for the price of the ETF.
Posted in ARKK, Edson Gould, Speed Resistance Lines, SRL
Below are the downside targets based on the work of Edson Gould. Continue reading
Below are the valuation targets for Regal Rexnord (RRX) for the next 10 years. Continue reading
Below are the valuation targets for Teleflex Inc. (TFX) for the next 10 years. Continue reading
Review:
On October 5, 2019, we said the following of the Hang Seng Index:
“By all accounts, the failure of the Hang Seng Index to meaningfully exceed the 23,264.43 level indicates that the range of 24,585.53 to 21,616.14 is a lock.”
Below, we assess the prospects of where the index might be headed. Continue reading
Below are the price targets for Visa Inc. (V) for the next 10 years. Continue reading
Below are the valuation targets for Colgate-Palmolive (CL) for the next 10 years. Continue reading
Below are the downside targets based on the work of Edson Gould. Continue reading
This posting will cover the downside targets for the Dow Jones Industrial Average using Dow Theory and Edson Gould’s Speed Resistance Lines [SRL].
Dow’s Theory: 2020-2021
Applying Dow Theory from the March 23, 2020 to September 2, 2021 period, the downside targets for the Dow Jones Industrial Average are: Continue reading
Below are the upside resistance targets based on the work of Edson Gould.
Our commentary from October 5, 2019 has remained accurate. At the time, we said:
“The more time passes the easier it gets to exceed the minimum upside resistance target of 3,815.82. The problem comes up when the market fails to breakout out on the upside in spite of the passage of time.”
The 3,815.82 target was achieved on what appeared to be strength. However, the 4,275 target has been met with resistance.
See Also:
Below are the downside targets based on the work of Edson Gould.
Using the Speed Resistance Lines of Edson Gould is ideal since it is a relative scale for every stock no matter the price AND TIME. Additionally, parabolic increases have been consistent in achieving the conservative target in the past (except in the case of Telsa).
See Also:
Posted in downside, Edson Gould, SRL, TCEHY
Below are the downside targets based on the work of Edson Gould.
Using the Speed Resistance Lines of Edson Gould is ideal since it is a relative scale for every stock no matter the price AND TIME. Additionally, parabolic increases have been consistent in achieving the conservative target in the past (except in the case of Telsa).
Posted in BABA, downside, Edson Gould, SRL
Below are the downside targets based on the work of Edson Gould.
The targets, as noted in the chart above are:
There is no indication that the price of Moderna Inc. has peaked. For this reason, the targets are tentative at best. We will need to revise the targets once a decline in the price takes place.
Posted in Edson Gould, MRNA, Speed Resistance Lines, SRL