Jump to content

Intuit Inc.(INTU:NASDAQ) Elliott Wave Technical Analysis 28 February 23

Recommended Posts

Intuit Inc., Elliott Wave Technical Analysis
Intuit Inc., (INTU:NASDAQ): Daily Chart, 28 February 23,
INTU Stock Market Analysis: After the trade in INTU where we got stopped out at breakeven, it is still moving as expected. It looks like it made three waves down into wave A and it is now retracing into wave B finding resistance on the 200EMA.
INTU Elliott Wave Count:  Wave B of (E).
INTU Technical Indicators: Resistance on the 200EMA.  
INTU Trading Strategy: Looking for further downside into wave C.
TradingLounge Analyst: Alessio Barretta

Intuit Inc., INTU: 4-hour Chart, 28 February 23,
Intuit Inc., Elliott Wave Technical Analysis
INTU Stock Market Analysis: Moving as expected, it looks like wave B could be finished or else we just completed wave {a} of B. Looking for further downside.  
INTU Elliott Wave count:  Wave (iv) of {c}.
INTU Technical Indicators: Averages crossing.
INTU Trading Strategy: Looking further downside into wave C.
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 29/11/23 22:18
  • Posts

    • I think his partnership with Bitget is actually a success considering considering he also won 2 ballon d'or  and Bitget has continuously grown I the process. I feel more 20 million registered users in 5 years since inception is unprecedented. 
    • That's a wise call and it's important to also confirm that the exchange of your chosen should be in compliance and perhaps licensed in your country. 
    • Investing in crypto could be challenging especially the Fear of Missing out Lambo. This mostly affect traders trading strategy and ideology. Predicting the right time to buy is always cumbersome and that is why many analyst advise DCA because it curtails FOMO and gives you a long-term crypto trading mentality. In crypto Dollar Cost Averaging involves investing the same amount of money in a target token at regular intervals over a certain period of time, regardless of price. This will help to control volatility on your portfolios and minimize FOMO For example when you decide to invest $100 on a token and invest $10 daily or weekly or monthly till you fulfilled you $100 target investment on the token irrespective of the price of the token. This strategy helps a crypto trader to build his portfolio over the long term thereby he/she is not bothered by short-term volatility in the broader markets. This strategy mostly favours low-budget traders in building a strong portfolio but the problem most normally encounter is exchange minimum trading amount. One analyst advised on how to mitigate this was to accumulate on exchange that has lower trading fees and later send to where you desire to hold. He also noted that some of this exchanges are good in listing good projects for you to be among the early birds. Do you think DCA is the best method to accumulate token and which exchange offers the lowest tradeable balance and trading fees?
  • Create New...