17Mar
Shopify Inc., Elliott Wave Technical Analysis 17 March 2023
Shopify Inc., Elliott Wave Technical Analysis16 March 2023
4Hour
Shopify Inc., SHOP: 4-hour Chart, March 17 2023,
Shopify Inc., Elliott Wave Technical Analysis
SHOP Stock Market Analysis: The initial move higher into wave (iv) appear to be a three wave move which gives us confirmation we are in a corrective structure. Looking for a sideways movement to confirm the count, without breaking the red line.
SHOP Elliott Wave count: Wave (iv) of {i}.
SHOP Technical Indicators: Aboe all averages.
SHOP Trading Strategy: Looking for sideways continuation in wave (iv).
Daily
Shopify Inc., Elliott Wave Technical Analysis
Shopify Inc.,, (SHOP:NASDAQ): Daily Chart, March 17 2023,
SHOP Stock Market Analysis: the overall count has not changed since the last update. We are still looking for further downside into wave (v). the alternate would be a three wave move to the upside to then resume lower.
SHOP Elliott Wave Count: Wave (iv) of {i}.
SHOP Technical Indicators: At the cross of 20 and 200EMA.
SHOP Trading Strategy: Waiting for a potential triangle in wave (iv).
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - There is a possibility wave {v} is finished. Altern...
Read More >
Review of this weeks best charts: Baidu BIDU, Nvidia NVDA, Pinduoduo PDD, Pinterest PINS, SNAP, Spot...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have a nice and clear five wave sequence within ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - e are looking at equality of {v} vs. {i} at 111$. T...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a break of wave {b} to then ideally pu...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have a clear five wave sequence into wave (iii),...
Read More >
You need to login in order to comment