Analog Devices Inc.(ADI:NASDAQ) Elliott Wave Technical Analysis December 9 2022

Analog Devices Inc., Elliott Wave Technical Analysis

Analog Devices Inc., (ADI:NASDAQ): Daily Chart, December 9 2022, 

ADI Stock Market Analysis: ADI has been moving as forecasted in the previous update. WE arestill looking for further upside into wave {v} to then complete potential wave 1.

ADI Elliott Wave Count: Wave {iv} of 1.

ADI Technical Indicators:Above all EMAs with some sign of bearish RSI divergence

ADI Trading Strategy:Looking for short term trades to the upside or else wait for a largerpullback in wave 2 to then look for longs.

TradingLounge Analyst: Alessio Barretta

Source : Tradinglounge.com get trial here!

Analog Devices Inc., ADI: 4-hour Chart, December 9 2022

Analog Devices Inc., Elliott Wave Technical Analysis

ADI Stock Market Analysis:It looks like we will either have a flat or a triangle in wave {iv} as itcould already be completed. A break south of the red line would start to compromise the wholecount. 

ADI Elliott Wave count: Wave (c) of {iv}.

ADI Technical Indicators: 20EMA acting as support.

ADI Trading Strategy:Looking for longs into wave {v}.

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  • keith0083
    ·2022-12-11
    Thanks for sharing
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  • DannDann
    ·2022-12-10
    Thanks for the sharing 👍🏻
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  • ChangiAska
    ·2022-12-10
    THanks for sharing
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  • MaudNelly
    ·2022-12-09
    Current price is a little expensive for me to buy actually.
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  • Nkx
    ·2022-12-11
    Thanks for sharing
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  • AndreaClarissa
    ·2022-12-09
    Is Analog Devices on the all time high now?
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  • BarbaraWillard
    ·2022-12-09
    Maybe it's time to make ADI down again.
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  • PandoraHaggai
    ·2022-12-12
    I think ADI will have a correction is a high probability event.
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  • BellaFaraday
    ·2022-12-12
    Now the ADI is above all the EMAs. That's a good thing.
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  • MortimerDodd
    ·2022-12-12
    Don't worry, a pullback is an opportunity to buy ADI
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  • EvanHolt
    ·2022-12-12
    The RSI is indeed hinting that it may be due for a fall.
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  • DonnaMay
    ·2022-12-12
    I'm very pleased with ADI's move in the last few days.
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  • 极痛黑魂
    ·2022-12-11
    👌
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  • mkpr23
    ·2022-12-11
    🐯
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  • Han Tee
    ·2022-12-11
    Ok
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  • 👌
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  • RuJia
    ·2022-12-11
    Good
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  • iisterry
    ·2022-12-11
    Ugh
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  • man wang
    ·2022-12-11
    👍
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  • 淋淼淼
    ·2022-12-11
    Ok
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