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Okta Inc., Elliott Wave Technical Analysis 12 May 2023

Alessio Barretta |12 May, 2023 | 0 Comments | Return|

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Okta Inc., Elliott Wave Technical Analysis 12 May 2023

4Hour

Okta Inc., OKTA: 1-hour Chart, May 12 2023,
Okta Inc., Elliott Wave Technical Analysis
OKTA Stock Market Analysis: We can identify a three wave move into wave {i}. It looks like we are in some sort of a triangle or sideways movement into wave (iv) and we should be resuming higher.
OKTA Elliott Wave count:  Wave (iv) of {i}.
OKTA Technical Indicators: Above all averages.
OKTA Trading Strategy: Looking for further upside into wave (v) which could be traded intraday, to then expect a three wave move pullback into wave {ii}.

 


Daily

Okta Inc., Elliott Wave Technical Analysis
Okta Inc., (OKTA:NASDAQ): Daily Chart, May 12 2023,
OKTA Stock Market Analysis: Looking for upside resumption into wave 3 as we seem to have completed a three wave move into wave 2.
OKTA Elliott Wave Count: Wave {i} of 3.
OKTA Technical Indicators: Above 20EMA.
OKTA Trading Strategy: Looking for longs into wave {iii} after we get a successful three wave move pullback.

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