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Analog Devices Inc.(ADI:NASDAQ) Elliott Wave Technical Analysis November 18 2022


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Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, November 18 2022,  
ADI Stock Market Analysis: Moving perfectly s expected from the previous forecast. Looking for a pullback in wave {iv} which should represent a buyable opportunity.  
ADI Elliott Wave Count:  Wave {iv} of 1.
ADI Technical Indicators: Above all averages
ADI Trading Strategy: Looking for confirmation of wave {iv}.  
 
TradingLounge Analyst: Alessio Barretta
 
ADI_11_18.thumb.png.f8f2bd8adfa1ccbb6357249d43830e7b.png
 
 
 
 
Analog Devices Inc., ADI: 4-hour Chart, November 18 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: We are finding support off the 1.618 {iii} vs. {i} as the 20EMA is getting closer.
ADI Elliott Wave count:  Wave (a) of {iv}.
ADI Technical Indicators: Above all averages, RSI bearish divergence which could indicate an imminent wave {v}.  
ADI Trading Strategy: Looking for longs into wave {v}. 
ADI_4H.thumb.png.a24851ce088d99aeb3f834448e9ffc6f.png
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