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15Dec

Analog Devices Inc., Elliott Wave Technical Analysis 15 December 2022

Alessio Barretta |15 Dec, 2022 | 0 Comments | Return|

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Analog Devices Inc., Elliott Wave Technical Analysis 15 December 2022

4 Hour

Analog Devices Inc., ADI: 4-hour Chart, December 15 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: There is a possibility wave {v} is finished. Alternatively we can be in wave (i) of {v} and extend higher.
ADI Elliott Wave count:  Wave {v} of 1.
ADI Technical Indicators: Currently using the 20EMA as support and the top in wave {v} has been made on RSI divergence.
ADI Trading Strategy: Looking for longs into wave {v} if we turn out to be in wave (i) of {v} or else we are looking for shorts.


Daily

Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, December 15 2022,
ADI Stock Market Analysis: It has been moving as expected from the previous update. Looking for a potential top in place as we could have started wave 2.
ADI Elliott Wave Count:  Wave {v} of 1.
ADI Technical Indicators: Above all averages.
ADI Trading Strategy: Looking for longs on the pullback in wave 2.

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