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23Mar

Biogen Inc., Elliott Wave Technical Analysis 23 March 2023

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

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Biogen Inc., Elliott Wave Technical Analysis 23 March 2023

4Hour

Biogen Inc.,  BIIB: 4-hour Chart, March 23 2023,
Biogen Inc., Elliott Wave Technical Analysis
BIIB Stock Market Analysis: Here we see a potential leading diagonal into wave {i} and we could be seeing a pullback in wave {ii}. Looking to find support within the next trading session or else the count will be compromised.
BIIB Elliott Wave count:  Wave (c) of {ii}
BIIB Technical Indicators: Between the 20EMA.  
BIIB Trading Strategy: Looking for longs after a clear resumption of the uptrend.


Daily

Biogen Inc., Elliott Wave Technical Analysis
Biogen Inc., (BIIB:NASDAQ): Daily Chart, March 23 2023,
BIIB Stock Market Analysis: It has been moving as expected from the previous forecast as we seem to have found a bottom in wave C. Looking for upside resumption.
BIIB Elliott Wave Count:  Wave C of (2).
BIIB Technical Indicators: 200EMA as support.
BIIB Trading Strategy: Looking for further upside.

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