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23Nov

Analog Devices Inc., Elliott Wave Technical Analysis Wednesday 23 November 2022

Alessio Barretta |23 Nov, 2022 | 0 Comments | Return|

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Analog Devices Inc., Elliott Wave Technical Analysis Wednesday 23 November 2022

4 Hour

Analog Devices Inc., ADI: 4-hour Chart, November 23 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: Looking for further upside into wave {v} as we are approaching 0.618 of {v} vs. {i} and we have an open gap to be potentially filled where the yellow rectangle is.
ADI Elliott Wave count:  Wave (i) of {v}.
ADI Technical Indicators: Above all averages.
ADI Trading Strategy: Looking for short term longs to build into wave {v}.


Daily

Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, November 23 2022,
ADI Stock Market Analysis: Moving higher as expected, looking for further upside into wave {v} as we already broke previous wave {iii}. Eventually we’ll be looking into longer term positions if we are completing a higher degree wave 1 and consequentially 2.
ADI Elliott Wave Count:  Wave {v} of 1.
ADI Technical Indicators: Above all averages.
ADI Trading Strategy: Looking for equality of {v} vs. {i} to be reached at 175$

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