08Mar
Biogen Inc., Elliott Wave Technical Analysis 08 March 2023
Biogen Inc., Elliott Wave Technical Analysis 08 March 2023
4Hour
Biogen Inc., BIIB: 4-hour Chart, March 8 2023,
Biogen Inc., Elliott Wave Technical Analysis
BIIB Stock Market Analysis: After what seems to be a triangle in wave {v} we managed to push lower and break the bottom of wave A. We are looking at a pivotal point anytime soon, or else we could extend lower to reach equality of C vs. A.
BIIB Elliott Wave count: Wave {v} of C.
BIIB Technical Indicators: Below all averages
BIIB Trading Strategy: Looking for a bottom in wave {v} to then look for longs.
Daily
Biogen Inc., Elliott Wave Technical Analysis
Biogen Inc., (BIIB:NASDAQ): Daily Chart, March 8 2023,
BIIB Stock Market Analysis: Moving as expected, at this point we could see upside resumption anytime soon as we have a clear three wave move to the downside.
BIIB Elliott Wave Count: Wave {v} of C.
BIIB Technical Indicators: Above 200EMA average.
BIIB Trading Strategy: Looking for a bottom in wave {v} to then look for longs.
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