US Stocks Elliott Wave Technical Analysis Blog!
US Stocks Elliott Wave Theory in Action

17Feb

Okta Inc., Elliott Wave Technical Analysis 17 February 2023

Alessio Barretta |17 Feb, 2023 | 0 Comments | Return|

NDQStocks-Splash-1

Okta Inc., Elliott Wave Technical Analysis 17 February 2023

4Hour

Okta Inc., OKTA: 4-hour Chart, February 17 2023,
Okta Inc., Elliott Wave Technical Analysis
OKTA Stock Market Analysis: It looks like we have had three wave to the downside in wave {a}, however it could also be counted as five down as a diagonal.
OKTA Elliott Wave count:  Wave {c} of 2.
OKTA Technical Indicators: 20EMA as resistance.
ISRG Trading Strategy: Looking for support at around 65$ where we have both 1.618 {c} vs. {a} as well as the highest volume.


Daily

Okta Inc., Elliott Wave Technical Analysis
Okta Inc., (OKTA:NASDAQ): Daily Chart, February 17 2023,
OKTA Stock Market Analysis: It kept moving as expected after the exited the trade in profit last month. At this point we can expect a three wave move which seems to have started already and we could be ready to resume lower into wave {c}.
OKTA Elliott Wave Count:  Wave {c} of 2.
OKTA Technical Indicators: Above all averages
OKTA Trading Strategy: Looking for a bottom in wave 2 to then look for longs, we could also double correct and this move could just be wave {a} of 2.

About the Author

Related

Intuit Inc., Elliott Wave Technical Analysis 28 February 2023

Intuit Inc., Elliott Wave Technical Analysis 28 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Moving as expected, it looks like wave B could be ...

Read More >
US Stock Trading - NTLA & PATH Technical Analysis Elliott Wave Forecast 8 Oct 2021

US Stock Trading - NTLA & PATH Technical Analysis Elliott Wave Forecast 8 Oct 2021

NTLA 1HR: We could see further upside soon. PATH 4H: Moving as predicted, as you can see the move do...

Read More >
Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Placing longs with a stop below red line, looking ...

Read More >
Okta Inc., Elliott Wave Technical Analysis 03 May 2023

Okta Inc., Elliott Wave Technical Analysis 03 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for wave (iv) to potentially be a sideways ...

Read More >
OReilly Automotive Inc., Elliott Wave Technical Analysis 02 March 2023

OReilly Automotive Inc., Elliott Wave Technical Analysis 02 March 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a three wave move in wave {ii} to be ne...

Read More >
Weekly US Stock Review CDNA, CRWD, FATE, HDB, SPOT & UPS 2 July 2021

Weekly US Stock Review CDNA, CRWD, FATE, HDB, SPOT & UPS 2 July 2021

CareDx, CrowdStrike, Fate Therapeutics, HDFC Bank, Spotify, United Parcel Elliott Wave Technical Ana...

Read More >
Intuit Inc., Elliott Wave Technical Analysis 28 February 2023

Intuit Inc., Elliott Wave Technical Analysis 28 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Moving as expected, it looks like wave B could be ...

Read More >
US Stock Trading - NTLA & PATH Technical Analysis Elliott Wave Forecast 8 Oct 2021

US Stock Trading - NTLA & PATH Technical Analysis Elliott Wave Forecast 8 Oct 2021

NTLA 1HR: We could see further upside soon. PATH 4H: Moving as predicted, as you can see the move do...

Read More >
Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Placing longs with a stop below red line, looking ...

Read More >
Okta Inc., Elliott Wave Technical Analysis 03 May 2023

Okta Inc., Elliott Wave Technical Analysis 03 May 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for wave (iv) to potentially be a sideways ...

Read More >
OReilly Automotive Inc., Elliott Wave Technical Analysis 02 March 2023

OReilly Automotive Inc., Elliott Wave Technical Analysis 02 March 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for a three wave move in wave {ii} to be ne...

Read More >
Weekly US Stock Review CDNA, CRWD, FATE, HDB, SPOT & UPS 2 July 2021

Weekly US Stock Review CDNA, CRWD, FATE, HDB, SPOT & UPS 2 July 2021

CareDx, CrowdStrike, Fate Therapeutics, HDFC Bank, Spotify, United Parcel Elliott Wave Technical Ana...

Read More >
Intuit Inc., Elliott Wave Technical Analysis 28 February 2023

Intuit Inc., Elliott Wave Technical Analysis 28 February 2023

Elliott Wave charts by Alessio Barretta 4 Hour - Moving as expected, it looks like wave B could be ...

Read More >
US Stock Trading - NTLA & PATH Technical Analysis Elliott Wave Forecast 8 Oct 2021

US Stock Trading - NTLA & PATH Technical Analysis Elliott Wave Forecast 8 Oct 2021

NTLA 1HR: We could see further upside soon. PATH 4H: Moving as predicted, as you can see the move do...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support