02Nov
KLA Corp Elliott Wave Technical Analysis, 2 November 2022
KLA Corp Elliott Wave Technical Analysis, 2 November 2022
4 Hour Chart
KLAC Stock Market Analysis: Looking for a pullback soon as we have approached 1.618 (iii) vs (i).
KLAC Elliott Wave count: Wave (iii) of {i}.
KLAC Technical Indicators: 200EMA acting as resistance.
KLAC Trading Strategy: Waiting for further developments into wave (iv).
Daily Chart
KLAC Stock Market Analysis: Looking for a five wave impulsive move off the lows. I am looking for a pullback soon into wave (iv).
KLAC Elliott Wave Count: Wave (iii) of {i}.
KLAC Technical Indicators: Starting to break through the 20 and 50 EMA.
KLAC Trading Strategy: Looking to place longs once we can a clearer idea on how wave (iv) is going to develop.
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