The Trader Desk Inc.(TTD:NASDAQ) Elliott Wave Technical Analysis September 13 2022

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The Trader Desk Inc., Elliott Wave Technical Analysis

The Trader Desk Inc.,(TTD:NASDAQ): Daily Chart, September 13 2022, 
TTD Stock Market Analysis:It has been moving as predicted in the past weeks. At this point, after breakig wave {b} we are looking for upside resumption into wave 5.

TTD Elliott Wave count:  {i} of 5.
TTD Trading Strategy:Looking for a larger pullback to place longs. We could place the stop where red line is at around 59$, or else for a more conservative trade, on the top of wave 1 at around 52$.

TTD Technical Indicators:We have had support from both the 20 and 200EMA which is a great upside sign.

TradingLounge Analyst: Alessio Barretta

 

 

 

The Trader DeskInc.,TTD: 4-hour Chart, September 13 2022

The Trader DeskInc.,Elliott Wave Technical Analysis
TTD Stock Market Analysis: Looking for small pullback into wave (iv) to then have a larger retracement.

TTD Elliott Wave count:  (iii) of {i}.

TTD Technical Indicators: We are above all averages.

TTD Trading Strategy: We could place longs on the small wave (iv) or else look for a larger pullback in wave {ii}.