Pinterest Inc.,
PINS: Daily Chart, August 26 2021.
We should be missing one last move down, so look closely the 23.6 and 38.2 fib level, and after that we can look for buys.
UiPath Inc.,
PAHT: 4H Chart, August 26 2021
After a confusing start which could be labelled as complex we may have completed a leading diagonal into wave {I} and we are now going higher.
Shortcuts to what you want:
00:00 PINS Elliott Wave Analysis.
03:25 PATH Elliott Wave Analysis.
06:52 Thank you for watching US Stocks Elliott Wave Analysis.
As with any investment opportunity there is a risk of making losses on investments that Trading Lounge expresses opinions on.
Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without considering your objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in securities and derivatives products is appropriate for you considering your financial circumstances.
Recommended content
Editors’ Picks
AUD/USD: Next on the upside comes the 2025 peak
AUD/USD maintained its constructive outlook well and sound, advancing for the fourth day in a row and surpassing the key barrier at 0.6300 the figure with certain conviction.
EUR/USD: Further gains retarget 1.1470
EUR/USD alternated gains with losses around the 1.1350-1.1360 band in a context of further weakness in the US Dollar and a generalised improved mood in the risk-associated assets.
Gold trades with marked losses near $3,200
Gold seems to have met some daily contention around the $3,200 zone on Monday, coming under renewed downside pressure after hitting record highs near $3,250 earlier in the day, always amid alleviated trade concerns. Declining US yields, in the meantime, should keep the downside contained somehow.
Solana ETF to debut in Canada after approval from regulators
Solana ETF will go live in Canada this week after the Ontario Securities Commission greenlighted applications from Purpose, Evolve, CI and 3iQ. The products will allow staking, enabling investors to earn yield on their holdings.
Is a recession looming?
Wall Street skyrockets after Trump announces tariff delay. But gains remain limited as Trade War with China continues. Recession odds have eased, but investors remain fearful. The worst may not be over, deeper market wounds still possible.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.