Jump to content

Analog Device Inc.(ADI:NASDAQ) Elliott Wave Technical Analysis 13 July 23


Recommended Posts

Analog Device Inc., Elliott Wave Technical Analysis
Analog Device Inc., (ADI:NASDAQ): Daily Chart, 13 July 23
ADI Stock Market Analysis: We have been looking for upside ever since the bottom in place at 162$. I personally opened longs on the pullback in wave {ii}, and took some profits off the table at 190$. Given the most recent movements I have reasons to believe we have not completed the five wave advanced yet, and we could still be in the making of wave 1.  
ADI Elliott Wave Count: Wave {v} of 1.
ADI Technical Indicators: Above all averages.
ADI Trading Strategy: Looking for longs into wave {v}.
TradingLounge Analyst: Alessio Barretta
 
 
ADI_7_13.png.fe23fed29d44548d3e84393dc0beec55.png
 

 
Analog Device Inc., ADI: 4-hour Chart, 13 July 23
Analog Device Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: Here’s a clearer view of the advanced form the 162$ low. Looking for upside into wave {v} to unfold as expected. Looking for potential resistance at 200$.
ADI Elliott Wave count:  Wave (iii) of {v}.
ADI Technical Indicators: Above all averages
ADI Trading Strategy: Looking for longs into wave (iii).
ADI_4H.png.933c818fafc91c6780b4700486ef0132.png
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
  • image.png

  • Posts

    • Yes I agree Guru, giving current examples is a good way of doing it! I have been trading for over 20 years and in the last 11 years I found myself mainly trading DAX (Germany) 40, because it is the easiest and most profitable. Which market do you find easiest to trade, Guru? Does anybody else find DAX easier to trade than other markets?  I am interested in hearing other traders' experiences.
    • Source: Coingecko  Source link: https://www.coingecko.com/research/publications/2024-q1-crypto-report The cryptocurrency sector has experienced significant growth in 2024, driven by events like Lugano city's acceptance of crypto payments and the approval of the Bitcoin spot ETF. The industry's market cap reached a record high of $2.9 trillion, with $1.1 trillion added in Q1 alone. Bitcoin surged to a new peak of $73k, surpassing its previous ATH of $68k. Top centralized exchanges like Binance, Bitget, OKX, and Bybit saw substantial growth, with Bitget particularly excelling in derivative trading. Bitget's open interest exceeded OKX's and ranked closely behind Binance and Bybit. Spot trading volume surged from $29B in January to $95B in March, elevating Bitget to the top 7 spot in the spot market and maintaining the 4th position in the derivative market among major centralized exchanges. While other exchanges also witnessed significant growth, Bitget's standout performance has made it the focal point of industry attention. What are your impressions of these findings?
    • DogeDay always brings back memories of 2019 when my friends were diving into Dogecoin and joining farming activities. That's why I'm excited to explore the Bitget DogeDay giveaway event. Plus, with tomorrow's BTC halving, the excitement is doubled!
×
×
  • Create New...
us