US Stocks Elliott Wave Technical Analysis Blog!
US Stocks Elliott Wave Theory in Action

28Nov

Analog Devices Inc., Elliott Wave Technical Analysis Monday 28 November 2022

Alessio Barretta |28 Nov, 2022 | 0 Comments | Return|

NDQStocks-Splash-1

Analog Devices Inc., Elliott Wave Technical Analysis Monday 28 November 2022

4 Hour

Analog Devices Inc., ADI: 4-hour Chart, November 28 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: As the RSI also suggests we may have topped in wave {v} as we’ve had divergence between the top of {v} and {iii}. Looking for further downside.
ADI Elliott Wave count:  Wave i of {a}.
ADI Technical Indicators: Above all averages, while 100 and 200EMAs are crossing.
ADI Trading Strategy: If volatility rises we could look for short term shorts. 


Daily

Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, November 28 2022,

ADI Stock Market Analysis: We are anticipating a potential top in place while we were still looking for short term trades into wave {v}. At this point it looks like we might have topped and are ready to resume lower.
ADI Elliott Wave Count:  Wave {a} of 2.
ADI Technical Indicators: Above all averages.
ADI Trading Strategy: Looking for further developments into wave 2 to then place long term longs.

About the Author

Related

Block Inc., Elliott Wave Technical Analysis14 March 2023

Block Inc., Elliott Wave Technical Analysis14 March 2023

Elliott Wave charts by Alessio Barretta 4 Hour - As shown in the chart we can identify a five wave ...

Read More >
 Intuitive Surgical Inc., Elliott Wave Technical Analysis 15 February 2023

Intuitive Surgical Inc., Elliott Wave Technical Analysis 15 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further downside into wave {c} as we co...

Read More >
KLA Corp Elliott Wave Technical Analysis, 2 November 2022

KLA Corp Elliott Wave Technical Analysis, 2 November 2022

4 Hour - Looking for a pullback soon as we have approached 1.618 (iii) vs (i). Daily - Looking for a...

Read More >
Weekly US Stock Review FLIR, IBKR, NFLX, NIO, SNAP 10 May 2021

Weekly US Stock Review FLIR, IBKR, NFLX, NIO, SNAP 10 May 2021

A quick look at how the US Innovated Disruptive stocks are progressing this week by Alessio Barretta...

Read More >
Phreesia Inc., Elliott Wave Technical Analysis 03 March 2023

Phreesia Inc., Elliott Wave Technical Analysis 03 March 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we can identify five waves down into ...

Read More >
Intel Corp., Elliott Wave Technical Analysis Tuesday 22 November 2022

Intel Corp., Elliott Wave Technical Analysis Tuesday 22 November 2022

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
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support