27Feb
Elbit Systems Ltd., Elliott Wave Technical Analysis 27 February 2023
Elbit Systems Ltd., Elliott Wave Technical Analysis 27 February 2023
4Hour
Elbit Systems Ltd., ESLT: 4-hour Chart, February 27 2023,
Elbit Systems Ltd., Elliott Wave Technical Analysis
ESLT Stock Market Analysis: I was expecting a flat in wave {iv} as the most recent move down looked like a three wave move. Therefore I expect further upside to complete (c) to then resume lower.
ESLT Elliott Wave count: Wave (c) of {iv}.
ESLT Technical Indicators: Above 20EMA
ESLT Trading Strategy: Looking for further upside into wave (c) to then resume lower.
Daily
Elbit Systems Ltd., Elliott Wave Technical Analysis
Elbit Systems Ltd., (ESLT:NASDAQ): Daily Chart, February 27 2023,
ESLT Stock Market Analysis: We are expecting five waves down into wave C of (2) after the sharp rally that we had until last summer. At this point we are looking for one last move lower before looking for upside.
ESLT Elliott Wave Count: Wave {v} of C.
ESLT Technical Indicators: Bouncing around the 20EMa.
ESLT Trading Strategy: Looking for one last move down before upside continuation.
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