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26Apr

Cintas Corp., Elliott Wave Technical Analysis 26 April 2023

Alessio Barretta |26 Apr, 2023 | 0 Comments | Return|

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Cintas Corp., Elliott Wave Technical Analysis 26 April 2023

4Hour

Cintas Corp., CTAS: 4-hour Chart, April 26 2023,
Cintas Corp., Elliott Wave Technical Analysis
CTAS Stock Market Analysis: Looking for waves (iv) and (v) to come as anticipated in the previous analysis. We could find support around 450/440$.
CTAS Elliott Wave count:  Wave (iii) of {c}.
CTAS Technical Indicators: Below all averages but the 200.
CTAS Trading Strategy: Looking for additional downside into wave (v).


Daily

Cintas Corp., Elliott Wave Technical Analysis
Cintas Corp., (CTAS:NASDAQ): Daily Chart, April 26 2023,
CTAS Stock Market Analysis: Moving as expected, with what seems to be a three wave move. Looking for more downside into wave {c} to then resume and complete the diagonal in wave (5).
CTAS Elliott Wave Count:  Wave {c} of 2.
CTAS Technical Indicators: In between averages.
CTAS Trading Strategy: Looking for another leg lower into wave {c} to then start looking for longs.

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