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02Mar

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

Alessio Barretta |02 Mar, 2023 | 0 Comments | Return|

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OReilly Automotive Inc., Elliott Wave Technical Analysis 01 March 2023

4Hour

OReilly Automotive Inc., ORLY: 4-hour Chart, March 2 2023,
OReilly Automotive Inc., Elliott Wave Technical Analysis
ORLY Stock Market Analysis: Looking for a three wave move in wave {ii} to be nearly completed, to then look for additional longs as we are also near the volume point of control.
ORLY Elliott Wave count:  Wave (c) of {ii}.
ORLY Technical Indicators: In between averages
ORLY Trading Strategy: Looking for a bottom in wave (c) to then look for longs

Daily

OReilly Automotive Inc., Elliott Wave Technical Analysis
OReilly Automotive Inc., (ORLY:NASDAQ): Daily Chart, March 2 2023,
ORLY Stock Market Analysis: At this point the overall count has changed as we are either in wave {ii} of 3 or else in wave {c} of 2.
ORLY Elliott Wave Count:  Wave {ii} of 3.
ORLY Technical Indicators: Below 20EMA average.
ORLY Trading Strategy: Looking for a bottom in wave {ii} to then look for longs.

 

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