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.
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