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OReilly Automotive Inc.(ORLY:NASDAQ)Elliott Wave Technical Analysis 23 February 23

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OReilly Automotive Inc., Elliott Wave Technical Analysis 

OReilly Automotive Inc., (ORLY:NASDAQ😞 Daily Chart, 23 February 23, 

ORLY Stock Market Analysis: It seems we topped in wave (iii) after breaking the previous top of wave {b}, looking for further upside into wave (iv). 

ORLY Elliott Wave Count:  Wave (iv) of {i}. 

ORLY Technical Indicators: Above all averages.  

ORLY Trading Strategy: Looking for a bottom in wave (iv) to then potentially add longs. 

TradingLounge Analyst: Alessio Barretta




OReilly Automotive Inc., ORLY: 4-hour Chart, 23 February 23, 

OReilly Automotive Inc. Elliott Wave Technical Analysis 
ORLY Stock Market Analysis: Looking for a wave (iv) to be sideways, therefore we could have just ended wave a and I would now like to see a sideways movement.  

ORLY Elliott Wave count:  Wave (iv) of {i}. 

ORLY Technical Indicators: 20EMa as support.  

ORLY Trading Strategy: Looking for a bottom in wave (iv) to then potentially add longs.


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