07Nov
KLA Corp., Elliott Wave Technical Analysis Monday 07 November 2022
KLA Corp., Elliott Wave Technical Analysis Monday 07 November 2022
4 Hour
KLAC Stock Market Analysis: We are approaching the yellow area which represents the area between the 0.618 and equality of (i) vs (v) which is where I would most likely assume we will be facing resistance.
KLAC Elliott Wave count: Wave (v) of {i}.
KLAC Technical Indicators: Above all EMAs.
KLAC Trading Strategy: You may look for very short term longs into wave (v).
Daily
KLAC Stock Market Analysis: Moving as predicted in the last forecast. It looks like we can have a five wave move off the lows which suggests the uptrend could have resumed.
KLAC Elliott Wave Count: Wave {i} of 5.
KLAC Technical Indicators: Using the 20EMA as support and the 200EMA as resistance.
KLAC Trading Strategy: Looking for a larger pullback into potential wave {ii} to then place longs.
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had a diagonal in wave (i) an...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have reacted off equality of {c} vs. {a}. We are...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we might have entered wave (iv) which...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we are extending higher into wave {...
Read More >
Best US disruptive stock performers this week: ADBE, GH, OKTA, UPS, Z Elliott Wave Analysis. Elliott...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had three wave to the downsid...
Read More >
You need to login in order to comment