US Stocks Elliott Wave Technical Analysis Blog!
US Stocks Elliott Wave Theory in Action

22Mar

Fortinet Inc. Elliott Wave Technical Analysis 22 March 2023

Alessio Barretta |22 Mar, 2023 | 0 Comments | Return|

NDQStocks-Splash-1

Fortinet Inc. Elliott Wave Technical Analysis 22 March 2023

4Hour

Fortinet Inc., FTNT: 4-hour Chart, March 22 2023,
Fortinet Inc., Elliott Wave Technical Analysis
FTNT Stock Market Analysis: Looking for further upside as long as we stay supported by the 20EMA. It looks like we are nesting into wave (v) as we have overlapping waves after the bottom in wave (iv) but we keep making higher highs and higher lows.
FTNT Elliott Wave count:  Wave (v) of {iii}.
FTNT Technical Indicators: Above all averages.  
FTNT Trading Strategy: Looking for longs after a clear three wave pullback.


Daily

Fortinet Inc., Elliott Wave Technical Analysis
Fortinet Inc., (FTNT:NASDAQ): Daily Chart, March 22 2023,
FTNT Stock Market Analysis: Looking for further upside into wave (v) of {iii}. There is evidence suggesting we have completed a wave (iii) of {iii}as we have had the highest RSI reading(strongest momentum) at the top of (iii).
FTNT Elliott Wave Count:  Wave (v) of {iii}.
FTNT Technical Indicators: Above all averages.
FTNT Trading Strategy: Looking for further upside.

About the Author

Related

Analog Devices Inc., Elliott Wave Technical Analysis 15 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis 15 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - There is a possibility wave {v} is finished. Altern...

Read More >
Adobe Inc., Elliott Wave Technical Analysis 15 May 2023

Adobe Inc., Elliott Wave Technical Analysis 15 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we are in wave (iii) of {c} as we hav...

Read More >
Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Placing longs with a stop below red line, looking ...

Read More >
US Stocks: IBKR, NIO, SNAP, ICE, OKTA Elliott Wave Analysis 23 April 2021

US Stocks: IBKR, NIO, SNAP, ICE, OKTA Elliott Wave Analysis 23 April 2021

Roundup of best performing stocks this week: IBKR, NIO, SNAP, ICE, OKTA Elliott Wave Analysis. Ellio...

Read More >
Shopify Inc.,Elliott Wave Technical Analysis 12 April 2023

Shopify Inc.,Elliott Wave Technical Analysis 12 April 2023

Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we had a three wave move into wave {...

Read More >
Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Analog Devices Inc., Elliott Wave Technical Analysis 20 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - It seems like we have five waves down into wave {a}...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support