Intuit Inc., Elliott Wave Technical Analysis
Intuit Inc., (INTU:NASDAQ): Daily Chart, 20 July 23
INTU Stock Market Analysis: As we keep moving higher the idea that the triangle in wave 4 is finished has been confirmed. At this point we are purely looking for upside resumption. You can see the 1st target for minor wave 3 which could be most likely surpassed.
INTU Elliott Wave Count: 3 of (1).
INTU Technical Indicators: Above all averages.
INTU Trading Strategy: Looking for longs into wave 5.
TradingLounge Analyst: Alessio Barretta
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Intuit Inc., INTU: 4-hour Chart, 20 July 23
Intuit Inc., Elliott Wave Technical Analysis INTU Stock Market Analysis: Here’s the subdivision of wave {iii}. Looking for one last leg higher into wave (v) before correct in wave {iv} from which we could be looking for longs.s
INTU Elliott Wave count: Wave (iv) of {iii}.
INTU Technical Indicators: Above all averages
INTU Trading Strategy: Looking for longs into wave {v} once we see a bit of a larger pullback in wave {iv}.
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