12Jan
Analog Devices Inc., Elliott Wave Technical Analysis 12 January 2023
Analog Devices Inc., Elliott Wave Technical Analysis 12 January 2023
4 Hour
Analog Devices Inc., ADI: 4-hour Chart, January 12 2023,
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: Looking for resistance around the 61.8% retracement. Invalidation level would be a break of red line which would confirm the idea wave 2 is completed.
ADI Elliott Wave count: Wave (c) of {c}.
ADI Technical Indicators: Above all averages
ADI Trading Strategy: Looking for shorts on wave {b}, confirmation is needed first.
Daily
Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, January 12 2023,
ADI Stock Market Analysis: We are witnessing a larger retracement which seems to correspond to wave 2. We could still be in wave {b} of 2 or else we have completed wave 2 already.
ADI Elliott Wave Count: Wave {b} of 2.
ADI Technical Indicators: Above all averages
ADI Trading Strategy: Looking for shorts into wave {c}.
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