08Dec
Fortinet Inc., Elliott Wave Technical Analysis 08 December 2022

Fortinet Inc., Elliott Wave Technical Analysis 08 December 2022
4 Hour
Fortinet Inc., FTNT: 4-hour Chart, December 8 2022
Fortinet Inc., Elliott Wave Technical Analysis
FTNT Stock Market AnalysisWe can count three waves down into wave (a) and already five small waves into wave (c) which suggest the correction could be completed, as well as we reached 0.618 (c) vs. (a).
FTNT Elliott Wave count: Wave (c) of {ii}.
FTNT Technical Indicators: Below all EMAs with averages starting to cross.
FTNT Trading Strategy: Looking for longs into wave {iii} not before we at least break wave (b).

Daily
Fortinet Inc., Elliott Wave Technical Analysis
Fortinet Inc., (FTNT:NASDAQ): Daily Chart, December 8 2022,
FTNT Stock Market Analysis: We had a double correction compared to the previous forecast and what is most important is that the move down in potential wave {ii} remains a three wave move for the time being.
FTNT Elliott Wave Count: Wave {ii} of 3.
FTNT Technical Indicators: Below all EMAs with averages starting to cross.
FTNT Trading Strategy: As the averages are starting to cross it could signify a bullish reversal is imminent, however we need further confirmation before calling this the low.

About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have a clear five wave move in wav...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have reached and past equality of C vs. A and we...
Read More >
Tesla, Amazon, Apple, Alphabet, Facebook & Square Elliott Wave: Most stocks are starting Intermediat...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - As the RSI also suggests we may have topped in wav...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we could be in wave (iv) as we can se...
Read More >
US Stocks Technical Analysis Elliott Wave Forecast overview: Stocks softer in the last session which...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have a clear five wave move in wav...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have reached and past equality of C vs. A and we...
Read More >
Tesla, Amazon, Apple, Alphabet, Facebook & Square Elliott Wave: Most stocks are starting Intermediat...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - As the RSI also suggests we may have topped in wav...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we could be in wave (iv) as we can se...
Read More >
US Stocks Technical Analysis Elliott Wave Forecast overview: Stocks softer in the last session which...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have a clear five wave move in wav...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have reached and past equality of C vs. A and we...
Read More >
You need to login in order to comment