Elliott Wave Technical Analysis: Cintas Corp. - Thursday, July 6

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Cintas Corp., Elliott Wave Technical Analysis

Cintas Corp., (Nasdaq: CTAS): Daily Chart, 6 July 2023

CTAS Stock Market Analysis: I changed the count to allow for further downside. The short-term count is still intact. Looking for wave {v} not to exceed equality of wave {iii}, otherwise, the leading diagonal is invalidated.

CTAS Elliott Wave Count: Wave {v} of 1.

CTAS Technical Indicators: Above all averages, 20EMA keeps supporting the trend.

CTAS Trading Strategy: Looking for another leg higher before a potential larger pullback.

Analyst: Alessio Barretta

Cintas Corp., CTAS: 4-hour Chart, 6 July 2023

Cintas Corp., Elliott Wave Technical Analysis
CTAS Stock Market Analysis: Looking for another move higher into wave v, with invalidation level at 478$.  

CTAS Elliott Wave count:  Wave iv of (v).

CTAS Technical Indicators: Above all averages

CTAS Trading Strategy: Looking for a longs into wave v.

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