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Archive by author: Alessio BarrettaReturn
December 2022
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we could be in wave (iii) of {iii} which I would expect as a rapid move to the downside as it is unfolding. Daily - Costco has been moving lower as expected from the previous update and we are now looking at continuation lower into wave {iii}. The alternate could be a triangle in wave 4 of primary degree, to confirm the alt count we cannot break what is now lablled as wave 1.
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Elliott Wave charts by Alessio Barretta 4 Hour - There is a possibility wave {v} is finished. Alternatively we can be in wave (i) of {v} and extend higher. ADI Elliott Wave count:  Wave {v} of 1. Daily - It has been moving as expected from the previous update. Looking for a potential top in place as we could have started wave 2.
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Elliott Wave charts by Alessio Barretta 4 Hour - Looking for continuation higher into wave v of (i). Daily - The stock has been moving as forecasted in the previous update. We are looking at the possibility of an uptrend resumption as we are trying to break previous highs.
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Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we have a clear five wave move in wave {c} and the overall correction could be finished as we are also reacting from the parallel trend channel. Daily - Moving higher as expected from the previous forecast. We are looking at one last move higher into wave 5 to then complete higher degree wave (1).
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