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Biogen Inc.(BIIB:NASDAQ) Elliott Wave Technical Analysis 8 May 23


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Biogen Inc., Elliott Wave Technical Analysis
Biogen Inc.,  (BIIB:NASDAQ): Daily Chart, 8 May 23,
BIIB Stock Market Analysis: Looking for extension higher into wave (3) as we broke previous top in wave (1) .
BIIB Elliott Wave Count: Wave 3 of (3).
BIIB Technical Indicators: Above all averages.
BIIB Trading Strategy: Looking for longs on the way up into wave (3).
TradingLounge Analyst: Alessio Barretta
 
BIIB_5_7.png.7fe1786427c698ae1c51997b3031c1c5.png
 
 
 
Biogen Inc.,  BIIB: 4-hour Chart, 8 May 23,
Biogen Inc.,  Elliott Wave Technical Analysis
BIIB Stock Market Analysis: Looking for a pullback in to wave {ii} of 3 to then look for longs. We can look for equality of 3 vs. 1 as first upside target
BIIB Elliott Wave count:  Wave {i} of  3.
BIIB Technical Indicators: Above all averages.
BIIB Trading Strategy: Looking for longs on the way up into wave (3), as long as every downside pullback is a three wave move.
BIIB_4H.png.0d294a85bdc621899fb776f82f1a0041.png
 
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