Analog Devices Inc., (ADI:NASDAQ) Elliott Wave Technical Analysis November 1 2022
Analog Devices Inc., Elliott Wave Technical Analysis
Analog Devices Inc., (ADI:NASDAQ): Daily Chart, November 1 2022,
ADI Stock Market Analysis: We have a potential three wave move which seems complete and wecan see a potential leading diagonal in a wave 1 position forming off the lows.
ADI Elliott Wave Count: Wave {i} of 1.
ADI Technical Indicators:Below all EMAs, moving around the 20EMA.
ADI Trading Strategy:Wait for further confirmation before considering long term positions.
TradingLounge Analyst: Alessio Barretta
Source : Tradinglounge.com get trial here!
Analog Devices Inc., ADI: 4-hour Chart, November 1 2022
Analog Devices Inc., Elliott Wave Technical Analysis
ADI Stock Market Analysis: Looking for one more move lower into wave (c) to completepotential wave {ii}.
ADI Elliott Wave count: Wave (c) of {ii}.
ADI Technical Indicators: Below all EMAS.
ADI Trading Strategy:wait for wave (c) to be completed before looking for longs, eventually youmay even take a risk and take a quick short on potential wave (c).
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