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23Feb

OReilly Automotive Inc., Elliott Wave Technical Analysis 23 February 2023

Alessio Barretta |23 Feb, 2023 | 0 Comments | Return|

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OReilly Automotive Inc., Elliott Wave Technical Analysis 23 February 2023

4Hour

OReilly Automotive Inc., ORLY: 4-hour Chart, February 23 2023,
OReilly Automotive Inc.,  Elliott Wave Technical Analysis
ORLY Stock Market Analysis: Looking for a wave (iv) to be sideways, therefore we could have just ended wave a and I would now like to see a sideways movement.
ORLY Elliott Wave count:  Wave (iv) of {i}.
ORLY Technical Indicators: 20EMa as support.
ORLY Trading Strategy: Looking for a bottom in wave (iv) to then potentially add longs.

 


DAILY

OReilly Automotive Inc., Elliott Wave Technical Analysis
OReilly Automotive Inc., (ORLY:NASDAQ): Daily Chart, February 23 2023,
ORLY Stock Market Analysis: It seems we topped in wave (iii) after breaking the previous top of wave {b}, looking for further upside into wave (iv).
ORLY Elliott Wave Count:  Wave (iv) of {i}.
ORLY Technical Indicators: Above all averages.
ORLY Trading Strategy: Looking for a bottom in wave (iv) to then potentially add longs.

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