10Nov
Biogen Inc., Elliott Wave Technical Analysis Thursday 10 November 2022

Biogen Inc., Elliott Wave Technical Analysis Thursday 10 November 2022
4 Hour
Biogen Inc., Elliott Wave Technical Analysis
BIIB Stock Market Analysis: There is a possibility wave 5 has already finished and we are ready to start moving lower.
BIIB Elliott Wave count: Wave {v} of 5.
BIIB Technical Indicators: Above all EMAs and RSI has formed bearish divergence.
BIIB Trading Strategy: As the RSI has formed divergence we could expect a sudden and sharp drop anytime soon. Looking to take advantage of those short term opportunities ot the downside.

Daily
BIIB Stock Market Analysis: Looking for a five waves sequence to the upside to find an end soon as we are identifying a potential ending diagonal in wave 5 of (1).
BIIB Elliott Wave Count: Wave 5 of (1).
BIIB Technical Indicators: Above all EMA.
BIIB Trading Strategy: Looking for a clear three wave move pullback before considering any long term longs.

About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - We are approaching the yellow area which represents...
Read More >
Daily Elliott Wave Charts - NTLA:We could see further upside soon. Z: I would expect some support so...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Here’s a closer to at the subcount for wave {iv}. ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for an extension within wave (iii), which ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for continuation higher into wave v of (i)....
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We could have already had wave i and ii of (i). We ...
Read More >
You need to login in order to comment