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

09Dec

Analog Devices Inc., Elliott Wave Technical Analysis 09 December 2022

Alessio Barretta |09 Dec, 2022 | 0 Comments | Return|

NDQStocks-Splash-1

Analog Devices Inc., Elliott Wave Technical Analysis  09 December 2022

4 Hour

Analog Devices Inc., ADI: 4-hour Chart, December 9 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis:It looks like we will either have a flat or a triangle in wave {iv} as it could already be completed. A break south of the red line would start to compromise the whole count.  
ADI Elliott Wave count:  Wave (c) of {iv}.
ADI Technical Indicators: 20EMA acting as support.
ADI Trading Strategy: Looking for longs into wave {v}.


Daily

Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc.,  (ADI:NASDAQ): Daily Chart, December 9 2022,
ADI Stock Market Analysis: ADI has been moving as forecasted in the previous update. WE are still looking for further upside into wave {v} to then complete potential wave 1.
ADI Elliott Wave Count:  Wave {iv} of 1.
ADI Technical Indicators: Above all EMAs with  some sign of bearish RSI divergence
ADI Trading Strategy: Looking for short term trades to the upside or else wait for a larger pullback in wave 2 to then look for longs.

About the Author

Related

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 >
The Trader Desk Inc., Elliott Wave Technical Analysis Tuesday 08 November 2022

The Trader Desk Inc., Elliott Wave Technical Analysis Tuesday 08 November 2022

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we down move is not completed yet as...

Read More >
Honeywell Inc., Elliott Wave Technical Analysis 27 January 2023

Honeywell Inc., Elliott Wave Technical Analysis 27 January 2023

Elliott Wave charts by Alessio Barretta 4 Hour - As you can see it looks like we are extending into...

Read More >
Elbit Systems Ltd., Elliott Wave Technical Analysis 27 February 2023

Elbit Systems Ltd., Elliott Wave Technical Analysis 27 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - I was expecting a flat in wave {iv} as the most rec...

Read More >
Honeywell  Inc., Elliott Wave Technical Analysis Wednesday 07 December 2022

Honeywell Inc., Elliott Wave Technical Analysis Wednesday 07 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - So far the downmove has been a three wave move whic...

Read More >
CostCo Wholesale Corp. Elliott Wave Technical Analysis 16 December 2022

CostCo Wholesale Corp. Elliott Wave Technical Analysis 16 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we could be in wave (iii) of {iii} wh...

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