Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Elliott Wave Analysis by EWF
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Elliottwave-Forecast, post: 197422, member: 40858"] Franco Nevada (ticker: FNV) is a leading gold royalty and stream company with one of the largest and most diversified portfolio of cash flow-producing assets. The company’s business model provides investors with gold price and exploration optionality while limiting exposure to many of the risks of operating companies. Franco-Nevada is debt free and uses the company’s free cash flow to expand Franco-Nevada’s portfolio and pay dividends. [HEADING=3]Franco Nevada (FNV) Monthly Elliott Wave Chart[/HEADING] [URL='https://elliottwave-forecast.com/wp-content/uploads/2021/07/FNV-Monthly20210714090207.jpg'][IMG]https://elliottwave-forecast.com/wp-content/uploads/2021/07/FNV-Monthly20210714090207.jpg[/IMG][/URL] FNV rally from all-time low is in progress as 5 waves impulse Elliott Wave structure. Wave (I) ended at 86.06 and pullback in wave (II) ended at 58.26. The stock then resumed higher in wave (III) towards 166.11 and wave (IV) pullback ended at 105.62. Wave (V) is currently in progress and subdivide into another 5 waves in lesser degree. Up from wave (IV) low on 3/1/2021 low, wave I ended at 155.89. The stock is now correcting cycle from 3/1 low in 3, 7, or 11 swing before the rally resumes. [HEADING=3]FNV Daily Elliott Wave Chart[/HEADING] [URL='https://elliottwave-forecast.com/wp-content/uploads/2021/07/FNV-Daily20210714090558.jpg'][IMG alt="FNV Elliott Wave Chart"]https://elliottwave-forecast.com/wp-content/uploads/2021/07/FNV-Daily20210714090558.jpg[/IMG][/URL] FNV is currently within wave (V) from all-time low. Up from wave (IV), wave ((1)) ended at 123 and pullback in wave ((2)) ended at 121.2. Wave ((3)) ended at 154.15, wave ((4)) pullback ended at 145.71, and wave ((5)) ended at 155.89. This completed wave I of (V). Wave II pullback is in progress to correct cycle from wave (IV) low on 3/1/2021 low before the rally resumes. Down from wave I, wave ((A)) ended at 142.01, and wave ((B)) can still fail while below wave I at 155.89. Afterwards, it should turn lower 1 more time in wave ((C)) before wave II completes and the stock resumes higher. Source: [URL]https://elliottwave-forecast.com/stock-market/franco-nevada-fnv-correcting-cycle-march-2021-low/[/URL] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…