Fortinet Inc.(FTNT:NASDAQ) Elliott Wave Technical Analysis 22 March 23

Fortinet Inc., Elliott Wave Technical Analysis

Fortinet Inc., (FTNT:NASDAQ): Daily Chart, 22 March 23,

FTNT Stock Market Analysis: Looking for further upside into wave (v) of {iii}. There is evidence suggesting we have completed a wave (iii) of {iii}as we have had the highest RSI reading(strongest momentum) at the top of (iii).

FTNT Elliott Wave Count: Wave (v) of {iii}.

FTNT Technical Indicators: Above all averages.

FTNT Trading Strategy: Looking for further upside.

TradingLounge Analyst: Alessio Barretta

Source : Tradinglounge.com get trial here!

Fortinet Inc., FTNT: 4-hour Chart, 22 March 23,

Fortinet Inc., Elliott Wave Technical Analysis

FTNT Stock Market Analysis: Looking for further upside as long as we stay supported by the 20EMA. It looks like we are nesting into wave (v) as we have overlapping waves after the bottom in wave (iv) but we keep making higher highs and higher lows.

FTNT Elliott Wave count: Wave (v) of {iii}.

FTNT Technical Indicators: Above all averages.

FTNT Trading Strategy: Looking for longs after a clear three wave pullback.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment39

  • Top
  • Latest
  • MaxGain
    ·2023-04-25
    The coming earning announcement likely to be really bad…expecting it to fall below 50 per share
    Reply
    Report
  • Ragz
    ·2023-03-22
    Too late to buy?
    Reply
    Report
  • Kyesu
    ·2023-03-22
    Read and thanks
    Reply
    Report
  • TKY1978
    ·2023-03-23
    [Smile]
    Reply
    Report
  • BossBoss
    ·2023-03-23
    k
    Reply
    Report
  • Danny330
    ·2023-03-23
    好的
    Reply
    Report
  • 陪你去看流星
    ·2023-03-22
    ok
    Reply
    Report
  • 烟Marlboro
    ·2023-03-22
    Ok
    Reply
    Report
  • 烟Marlboro
    ·2023-03-22
    Ok
    Reply
    Report
  • Stylerz
    ·2023-03-22
    nice
    Reply
    Report
  • Gobbler
    ·2023-03-22
    👍
    Reply
    Report
  • JYeo
    ·2023-03-22
    k
    Reply
    Report
  • Botakk
    ·2023-03-22
    👍🏼
    Reply
    Report
  • HJlee
    ·2023-03-22
    ok
    Reply
    Report
  • IcyAlchemist
    ·2023-03-22
    Ok
    Reply
    Report
  • Lord_Kuberan
    ·2023-03-22
    wow tick chart
    Reply
    Report
  • Lord_Kuberan
    ·2023-03-22
    okay
    Reply
    Report
  • chlorine
    ·2023-03-22
    cc
    Reply
    Report
  • wujunhuii
    ·2023-03-22
    tq for sharing
    Reply
    Report
  • Asphen
    ·2023-03-22
    Good counter
    Reply
    Report