03May
Okta Inc., Elliott Wave Technical Analysis 03 May 2023
Okta Inc., Elliott Wave Technical Analysis 03 May 2023
4Hour
Okta Inc., OKTA: 4-hour Chart, May 3 2023,
Okta Inc., Elliott Wave Technical Analysis
OKTA Stock Market Analysis: Looking for wave (iv) to potentially be a sideways correction. You could even look for short into wave (v). As you can see we are at a level of high volume which could become a turning point.
OKTA Elliott Wave count: Wave (iv) of {c}.
OKTA Technical Indicators: Below all averages.
OKTA Trading Strategy: Looking for shorts into wave (v) before considering longs.
Daily
Okta Inc., Elliott Wave Technical Analysis
Okta Inc., (OKTA:NASDAQ): Daily Chart, May 3 2023,
OKTA Stock Market Analysis: Looking for wave {c} to complete before start looking for longs. At this point it is still hard counting five waves down into wave {c} which is why I am allowing for further downside.
OKTA Elliott Wave Count: Wave {c} of 2.
OKTA Technical Indicators: Below all averages.
OKTA Trading Strategy: Looking further downside to complete wave 2 before looking for longs.
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