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Intuit Inc., Elliott Wave Technical Analysis

Intuit Inc., (Nasdaq: INTU): Daily Chart, 4 August 2023

INTU Stock Market Analysis: Looking for upside to complete minor wave 3 with a target we fixed long time ago at 522$ which could be met in the near future.

INTU Elliott Wave Count: Wave {v} of 3.

INTU Technical Indicators: Above averages.

INTU Trading Strategy: Looking for longs on the way up into wave {v}.

Analyst: Alessio Barretta

Intuit Inc., INTU: 4-hour Chart 4 August 2023

Intuit Inc.,  Elliott Wave Technical Analysis
INTU Stock Market Analysis: We have touched equality of wave {c} vs. {a} which could bring buyers, we have 0.618 {v} vs. {i} at 522$where our wave 3 target is, therefore we could get major resistance there.  

INTU Elliott Wave count:  Wave {v} of 3.

INTU Technical Indicators: Below 20EMA.

INTU Trading Strategy: Looking for longs into wave {v}.

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