19Jan
OReilly Automotive Inc., Elliott Wave Technical Analysis 18 January 2023
OReilly Automotive Inc., Elliott Wave Technical Analysis 18 January 2023
4 Hour
OReilly Automotive Inc., ORLY: 4-hour Chart, January 19 2023,
OReilly Automotive Inc., Elliott Wave Technical Analysis
ORLY Stock Market Analysis: Looking for downside into wave {c}, unfolding as expected. The count the way it is right now would only allow for a wave (v) shorter than (iii) therefore it’d mean having a short wave {c}. That means we could possibly be in wave (i) of {c} instead.
ORLY Elliott Wave count: Wave (v) of {c}.
ORLY Technical Indicators: Below all averages but the 200EMA.
ORLY Trading Strategy: Looking for downside to ends wave {c}.
Daily
OReilly Automotive Inc., Elliott Wave Technical Analysis
OReilly Automotive Inc., (ORLY:NASDAQ): Daily Chart, January 19 2023,
ORLY Stock Market Analysis: Looking for a larger retracement into wave 2 to possibly take us back to fill the gap around 780$.
ORLY Elliott Wave Count: Wave {c} of 2.
ORLY Technical Indicators: In between averages.
ORLY Trading Strategy: Looking for the end of wave 2 to enter long.
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - Having reach 0.618 c vs. a and especially strongly ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like there is a possibility the correction...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we are in wave e of the triangle in w...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It is clearer on this lower timeframe chart that pr...
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 can count five waves off the lows in wave {i} as...
Read More >
You need to login in order to comment