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Biogen Inc.(BIIB:NASDAQ) Elliott Wave Technical AnalysisBiogen Inc 13 January 23


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Biogen Inc., Elliott Wave Technical Analysis

Biogen Inc., (BIIB:NASDAQ): Daily Chart, 13 January 23,

BIIB Stock Market Analysis: We are looking for further downside into wave C which could takeus back to the area of wave 4.

BIIB Elliott Wave Count: Wave {c} of B.

BIIB Technical Indicators:Above all averages

BIIB Trading Strategy:Looking for shorts into wave C.

TradingLounge Analyst: Alessio Barretta

 

BIIB_1_13.png.cd3585b4ac697235f95315ade7c2ee58.png

 

 

 

Biogen Inc., BIIB:4-hour Chart, 13 January 23,

Biogen Inc., Elliott Wave Technical Analysis

BIIB Stock Market Analysis:We are missing one more leg higher into wave {c} of B which couldbe used for short term trades. After that we’ll start looking for shorts.

BIIB Elliott Wave count: Wave {c} of B.

BIIB Technical Indicators: Above all averages

BIIB Trading Strategy:Looking for shorts into wave C, we could get resistance at equality of {c}vs. {a}

BIIB_4H.png.ef30061fc04f991fd91e05c089e06db8.png

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