Twist Bioscience Corp.(TWST:NASDAQ) Elliott Wave Technical Analysis 24 March 23

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Twist Bioscience Corp., Elliott Wave Technical Analysis

Twist Bioscience Corp., (TWST:NASDAQ): Daily Chart, 24 March 23,

TWST Stock Market Analysis: Looking for further downside as we have an incomplete bearish sequence. Looking for a pullback in wav (iv) to then resume lower.  

TWST Elliott Wave Count: Wave (iii) of (v).

TWST Technical Indicators: Below all averages.

TWST Trading Strategy: Looking for further downside with invalidation level at 21.8$..  

TradingLounge Analyst: Alessio Barretta

 

 

 

Twist Bioscience Corp., TWST: 4-hour Chart, 24 March 23,

Twist Bioscience Corp., Elliott Wave Technical Analysis

TWST Stock Market Analysis: As you can see we can identify a five wave move into wave (iii). It looks like we are still within wave iv meaning we might have more downside to go.  

TWST Elliott Wave count: Wave iv of (v).

TWST Technical Indicators: Below all averages.  

TWST Trading Strategy: Looking for shorts as long as we stay below the 20EMA.