21Dec
Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022
Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022
4 Hour
Analog Devices Inc., ADI: 4-hour Chart, December 20 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: It seems like we have five waves down into wave {a} and are looking for upside into wave {b}. We could potentially find resistance on the way back to the 20EMA or else to the area of wave (ii) of {a}.
ADI Elliott Wave count: Wave (v) of {a}.
ADI Technical Indicators: In between averages.
ADI Trading Strategy: Looking for shorts into wave {c} with a stop above wave {a}.
Daily
Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, December 20 2022,
ADI Stock Market Analysis: At this point we have topped in wave 1 and are now pullbing back in what could be wave 2. Looking for a clear three wave move into wave 2 to then look for longs.
ADI Elliott Wave Count: Wave {a} of 2.
ADI Technical Indicators: 20EMA acting as resistance
ADI Trading Strategy: Looking for the end of wave 2 to then place longs.
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - As you can see it looks like we are extending into...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further upside as long as we stay suppo...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We can see how we reacted off the 38.2% of wave {ii...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like there is a possibility the correction...
Read More >
4 Hour - Looking for a pullback soon as we have approached 1.618 (iii) vs (i). Daily - Looking for a...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We are looking at a potential bottom in place as we...
Read More >
You need to login in order to comment