Elliott Wave Technical Analysis: Cintas Corp. - Tuesday, May 2

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Cintas Corp., Elliott Wave Technical Analysis

Cintas Corp., (Nasdaq: CTAS): Daily Chart, 2 May 2023.

CTAS Stock Market Analysis: Moving as expected from the previous forecast. Looking for further upside into wave 3. We have upside room up to equality of (5) vs. (3) at 540$.

CTAS Elliott Wave Count:  Wave 3 of (5).

CTAS Technical Indicators: Above all averages.

CTAS Trading Strategy: Looking for a pullback into wave {ii} to then look for longs.  

Analyst: Alessio Barretta

Cintas Corp., CTAS: 4-hour Chart, 2 May 2023.

Cintas Corp., Elliott Wave Technical Analysis

CTAS Stock Market Analysis: Looking for a break of wave {b} to then ideally pullback in three waves into wave {ii} and at that point we can start looking for longs.

CTAS Elliott Wave count:  Wave {i} of  3.

CTAS Technical Indicators: Above all averages.

CTAS Trading Strategy: Looking for a pullback into wave {ii} to then look for longs.


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