US Stocks Analysis: AeroVironment Inc (AVAV), CareDx Inc (CDNA), Elbit Systems Inc (ESLT), Hubspot Inc (HUBS), Nio Inc (NIO) and Teladoc Health Inc (TDOC) Technical Analysis Elliott Wave. Elliottician is Alessio Barretta
AeroVironment Inc.,
AVAV: Daily Chart, August 3 2021
Predicting further upside after overall correction into wave 4.
CareDx Inc.,
CDNA: Daily Chart, August 3 2021
Further downside to completed correction into wave 4).
Elbit Systems Inc.,
ESLT: Daily Chart, August 4 2021
Expecting one last move up before a pullback.
Hubspot Inc,
HUBS: Daily Chart, August 4 2021
Possibly expecting further upside.
Nio Inc
NIO: Daily Chart, August 4 2021
Expecting a 3 wave pullback into wave ii).
Teladoc Health Inc.,
TDOC: Daily Chart, August 4 2021
Expecting a resumption of the uptrend.
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

Gold: Safe-haven demand lifts precious metal to record high above $3,200
Gold surged to a new record high above $3,200 despite a bearish opening last week. Safe-haven flows dominated the markets as the US-China trade conflict intensified. The technical outlook points to overbought conditions in the near term.

EUR/USD: Trade war chaos far from over, USD condemned
The EUR/USD pair jumped to 1.1473 on Friday, its highest since February 2022, amid escalating tensions between the United States and China, triggering a US Dollar sell-off.

GBP/USD trims gains, recedes to the 1.3050 zone
GBP/USD now gives away part of the earlier advance to fresh highs near 1.3150. Meanwhile, the US Dollar remains offered amid escalating China-US trade tensions, recession fears in the US, and softer-than-expected US Producer Price data.

Week ahead: ECB set to cut, BoC might pause as Trump U-turns on tariffs
ECB is expected to trim rates, but the BoC might pause this time. CPI data also in the spotlight; due in UK, Canada, New Zealand and Japan. Retail sales the main release in the United States. China GDP eyed as Beijing not spared by Trump.

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.