As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in Gold Miners ETF GDX . The ETF completed its correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the following sections, we will delve into the specifics of the Elliott Wave pattern and explain trading setup.
The VanEck Junior Gold Miners ETF (GDXJ), launched in 2009, focuses on small- and mid-cap gold and silver mining companies, primarily those generating most of their revenue from mining or related activities. Popular among investors chasing high-risk, high-reward opportunities in precious metals, the ETF offers targeted exposure. Below, we explore its Elliott Wave outlook.
The regulator has paused its tightening cycle and now forecasts a rate cut in September. Despite accelerating inflation, which reached 14.6% YoY in March and some expectations of another hike, the NBU stuck to its earlier plan and refrained from further increases. This marks the end of three consecutive hikes totaling 250bp.
The market showed a recovery movement after finding support at the 1,200 point area but remained cautious while gaining ground. Liquidity increased compared to the previous session, indicating that investors have increased profit-taking and portfolio restructuring activity as the market gained, leading to increased selling pressure. The current cooling signal shows that the market is in a probing area to find an equilibrium point after recent strong fluctuations. The possibility of a correctio...
After two months of post rebase moderation, Nigeria’s headline inflation jumped to 24.23% Year-on-Year in March 2025 up from 23.18% YoY in February 2025. Month on month inflation also accelerated to 3.90% (from 2.04%).
In its recently released audited 2024FY results, Access Holdings’ Gross Earnings grew by 87.72% YoY to NGN4.87trn mainly due to the increase in interest income (+110.38% YoY to NGN3.48trn) and non-interest income (+47.86% YoY to NGN1.02trn). Elsewhere, Operating Expenses increased by 107.47% YoY to NGN1.45trn, following higher personnel expenses, admin expenses and IT & e-business expenses in the period. Profit Before Tax (PBT) and Profit After Tax (PAT) increased by 18.93% YoY and 3.70% YoY eac...
The EURUSD currency pair is showing strong signs of continuing its upward trend, based on Elliott Wave analysis. Since its low on September 26, 2022, the pair has been climbing. However, it hasn’t yet hit its projected target of 1.19. This suggests more room to grow in the long term. For now, the pair remains a good opportunity for buyers as long as it doesn’t drop below the key support level of 1.0876.
• We propose three baseline scenarios to provide a relatively comprehensive view of PNJ’s business outlook in light of Vietnam’s macroeconomic landscape, particularly under the condition of the reciprocal tariffs that the US imposes on Vietnam exported goods. These three scenarios correspond to different tariff levels and are accompanied by a sensitivity table that illustrates PNJ’s valuation under each scenario: o Best scenario: 10% reciprocal tariff. In this case, jewellery consumption growth...
SCS's long-term growth depends on the operator selection at Long Thanh International Airport (LTIA). We outline two scenarios. We outline two scenarios: Not Selected (Scenario 1) and Selected (Scenario 2) into LTIA. Using the cash flow discount method (FCFF), the target price for the two scenarios is 66,200 VND/share and 109,500 VND/share, respectively. We recommend OBSERVE with the goal of helping investors to be informed, make objective judgments and make decisions when official information is...
The market continued to correct during the session but found support at the 1,200 point area and rebounded. Liquidity decreased compared to the previous session, indicating that selling pressure is easing, and cash flow is still making efforts to support the market. The support signal at the 1,200 point area is giving the market an opportunity to complete its recent correction phase and recover in the near future. It is expected that the market will head towards and retest supply and demand ...
Die ersten 3M/25-KPIs des SDax-Unternehmens zeigen einen saisonal schwachen Geschäftsgang. Mit gestiegenen Kosten und einem geringeren Umsatzniveau war die Profitabilität im typisch schwachen Startquartal kräftig gesunken. Die Kunden-Nachfrage ist durchaus lebhaft, weshalb die 25er Guidance bestätigt wird.
The Elliott Wave analysis for the VanEck Gold Miners ETF (GDX) shows a strong bullish trend since December 30, 2024. This rally forms a “nesting impulse” pattern with smaller waves building into an extended third wave. From the December low, wave (1) peaked at $42.66, followed by a wave (2) pullback to $38.58. GDX then entered a powerful wave (3) with nested sub-waves driving prices higher. In wave (3), wave 1 rallied to $46.94, with wave 2 correcting to $39.95. Wave 3 extended upward, with s...
BRVM has closed its trading day on Thursday April 17 th , 2025, higher compared to Wednesday. The market capitalization (Stocks + Bonds) increased by 0.40% to stand at XOF 21 258.04 billion against XOF 21 174.39 billion previously.
Ukraine’s economy has been in a sluggish recovery mode since 3Q24, and chances for a significant near-term acceleration are slim. The need to cut the fiscal deficit and budget expenditures will significantly restrain GDP growth going forward. We see economic growth close to 3% this year and next, supported by recovery in household consumption and higher agricultural output. Inflation is set to start decelerating rapidly from June on last year’s high base and larger supply of agricultural har...
BlackRock Throgmorton’s (THRG) manager, Dan Whitestone, has recently celebrated his 10th year at the helm of the trust, as well as his ninth financial year of outperformance, with THRG’s recently released full-year results showing outperformance of 2.2%. These results not only highlight Dan’s skill in stock selection, having adapted THRG’s portfolio to accommodate for changing market dynamics, but also the significant valuation opportunity presented by the UK market. UK small caps now rank as...
Die SYZYGY Gruppe ist einer der führenden Beratungs- und Umsetzungspartner für Digital Experiences. Im Jahr 1995 gegründet ist die SYZYGY Gruppe in vier Ländern mit Niederlassungen in Bad Homburg, Berlin, Frankfurt, Hamburg, München, London, New York und Warschau vertreten. Seit dem Jahr 2000 ist die SYZYGY AG im Prime Standard börsennotiert. Neben der Kernmarke SYZYGY gehören der Enterprise Technologie-Spezialist SYZYGY Techsolutions, der Performance Marketing- und Media-Spezialist SYZYGY Perfo...
dynaCERT Inc. is a Canadian cleantech company specializing in carbon emission reduction technologies designed for internal combustion engines. The company’s flagship product, the HydraGEN system, generates hydrogen and oxygen on-demand through a proprietary electrolysis process, enhancing combustion efficiency, reducing fuel consumption, and lowering greenhouse gas emissions. dynaCERT’s technology serves diverse sectors, including transportation, mining, construction, oil & gas, and forestry. Co...
dynaCERT Inc. ist ein kanadisches Cleantech-Unternehmen, das Technologien zur Reduktion von CO₂-Emissionen bei Verbrennungsmotoren entwickelt. Das Hauptprodukt, das HydraGEN -System, erzeugt mittels proprietärer Elektrolyse Wasserstoff und Sauerstoff auf Abruf, verbessert die Verbrennung, senkt den Kraftstoffverbrauch und reduziert Treibhausgase. Die Technologie wird in Branchen wie Transport, Bergbau, Bau, Öl & Gas sowie Forstwirtschaft eingesetzt. Ergänzend bietet dynaCERT mit HydraLytica Tele...
• Brent crude oil prices for 2025 are expected to fluctuate within a narrow range in 2025 due to increased supply pressures and slower demand growth. The United States, Brazil, and Canada are the leading contributors to supply growth, while OPEC+ may adjust production increases in 2H2025. • Conversely, ongoing US-China trade tensions have reduced global growth prospects, causing organizations such as OPEC and the EIA to lower their oil demand forecasts. Nevertheless, low inventory levels and th...
Mesoblast Extends Payer Coverage For Ryoncil® to Over 100 Million US Lives NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Mesoblast (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that it has continued to expand coverage for Ryoncil® (remestemcel-L), the first mesenchymal stromal cell (MSC) therapy by U.S. Food and Drug Administration (FDA) for any indication, to 104 million US lives insured by government and commercial payers. To date, 37 of the 51 states provide fee-for-service Medicaid coverage for Ryoncil® through Orpha...
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