Elliott Wave Technical Analysis: The Trader Desk Inc. - Tuesday, Nov. 8

By Peter Mathers of Trading Lounge

Elliott Wave Analyst - tradinglounge • Nov 8, 2022 at 7:14 AM EST

Technical indicators: we are below all EMAs. We have reached the point of control dictated by volume.

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The Trader Desk Inc., Elliott Wave Technical Analysis

The Trader Desk Inc., (Nasdaq: TTD): Daily Chart, November 8, 2022,

TTD Stock Market Analysis: Looking for the move in wave B of (B) to come to an end soon then take advantage of the upside in wave C.

TTD Elliott Wave Count: Wave {y} of B.

TTD Technical Indicators: We are below all EMAs. We have reached the point of control dictated by volume.

TTD Trading Strategy: Looking for further confirmation before considering longs.

Analyst: Alessio Barretta

The Trader Desk Inc., TTD: 4-hour Chart, November 8, 2022

The Trader Desk Inc., Elliott Wave Technical Analysis

TTD Stock Market Analysis: It looks like we down move is not completed yet as we do not have a clear five-wave sequence established.

TTD Elliott Wave count: Wave 5 of iii.

TTD Technical Indicators: Below is all EMAs.

TTD Trading Strategy: You may look for very short-term shorts as we should start getting a series of wave fours.

More By This Author:

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