05Dec
Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022
Analog Devices Inc., Elliott Wave Technical Analysis Monday 05 December 2022
4 Hour
Analog Devices Inc., ADI: 4-hour Chart, December 5 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: Looking for wave {iv} to potentially be a running flat as it stands right now. We are seeing bearish RSI divergence which could signify an imminent wave {v}
ADI Elliott Wave count: Wave (c) of {iv}.
ADI Technical Indicators: 20EMA currently acting as support.
ADI Trading Strategy: Could be looking for longs with a stop below wave (iv) or else wait for further confirmation.
Daily
Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, December 5 2022,
ADI Stock Market Analysis: I slightly changed the count to allow for further upside into one last move higher in wave {v}.
ADI Elliott Wave Count: Wave {iv} of 1.
ADI Technical Indicators: Above all EMAs.
ADI Trading Strategy: Looking for longs into wave {v} being aware that the upside should be limited.
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - We could potentially have finished wave a and be in...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we had a three wave move into wave {...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for resistance around the 61.8% retracement...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It seems like we have five waves down into wave {a}...
Read More >
Roundup of best performing stocks this week: IBKR, NIO, SNAP, ICE, OKTA Elliott Wave Analysis. Ellio...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - WE can see how it is accelerating to the downside a...
Read More >
You need to login in order to comment