13Feb
Shopify Inc., Elliott Wave Technical Analysis 13 February 2023
Shopify Inc., Elliott Wave Technical Analysis 13 February 2023
4Hour
Shopify Inc., SHOP: 4-hour Chart, February 13 2023,
Shopify Inc., Elliott Wave Technical Analysis
SHOP Stock Market Analysis: It seems like we have a complete five wave sequence into wave {c}. Looking for a clear five wave move to the downside before considering shorts.
SHOP Elliott Wave count: Wave {i} of C.
SHOP Technical Indicators: below 20EMA.
SHOP Trading Strategy: Looking for downside into wave C.
Daily
Shopify Inc., Elliott Wave Technical Analysis
Shopify Inc., (SHOP:NASDAQ): Daily Chart, February 13 2023,
SHOP Stock Market Analysis: Moving as expected from the last update. At this point there is reason to believe we have completed the three wave move which could either be wave B as labelled or else wave {a} of B to then have a deeper retracement.
SHOP Elliott Wave Count: Wave (c) of B.
SHOP Technical Indicators: Above all averages.
SHOP Trading Strategy: Looking for further downside into either wave {i} of C or else wave (i) of {a}.
About the Author
Related
US Stocks Technical Analysis Elliott Wave Forecast overview: Elliott Wave Double ZigZag pattern for ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have had a diagonal in wave (i) an...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for wave (c) to be potentially completed as...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for upside confirmation with a break of wa...
Read More >
Tesla, Amazon, Apple, Alphabet, Facebook & Square Elliott Wave: Most stocks are starting Intermediat...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further upside as long as we stay suppo...
Read More >
You need to login in order to comment