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Intuit Inc., (INTU:NASDAQ) Elliott Wave Technical Analysis 17 August 23


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Intuit Inc., Elliott Wave Technical Analysis
Intuit Inc., (INTU:NASDAQ): Daily Chart, 17 August 23
INTU Stock Market Analysis: The count is suggesting the completion of a large degree wave 4 with the 400$ bottom, from which we are looking for additional upside.  
Upside target for wave 3 stands at 521$.  
INTU Elliott Wave Count: Wave {iv} of 3.  
INTU Technical Indicators: Above all averages,20EMa as support.
INTU Trading Strategy: Looking for longs in wave 3 to then look for additional downside into 4.    
TradingLounge Analyst: Alessio Barretta
Source : Tradinglounge.com get trial here!
INTU_8_17.png.192a3535edffed12ec877b79c931dd6d.png
 
 
 
Intuit Inc., INTU: 4-hour Chart 17 August 23
Intuit Inc., Elliott Wave Technical Analysis
INTU Stock Market Analysis: Looking for a triangle in wave {iv} to be near completion. Invalidation level stands at 486.8$, we are finding support on the 23.6% retracement of wave [iii}.
INTU Elliott Wave count:  Wave (e) of {iv}
INTU Technical Indicators: In between averages
INTU Trading Strategy: Looking longs into wave {v} with invalidation at 486$.
INTU_4H.png.388e351258c7c084f7b6255f8600e9e9.png
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