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Intuit Inc., Elliott Wave Technical Analysis

Intuit Inc., (Nasdaq: INTU): Daily Chart, 14 July 2023.

INTU Stock Market Analysis: We have been monitoring this potential triangle in primary wave 4 for a while now. It looks like we could have found a bottom for wave (E) as we seem to be resuming higher. Breaking wave (B) of the triangle would give us additional confirmation.  

INTU Elliott Wave Count: Wave 3 of (1).

INTU Technical Indicators: Above all averages.

INTU Trading Strategy: Looking for longs into wave 3.

Analyst: Alessio Barretta

Intuit Inc., INTU: 4-hour Chart, 14 July 2023.

Intuit Inc., Elliott Wave Technical Analysis
INTU Stock Market Analysis: Looking for upside into wave 3 to unfold as labeled. A break south of 444 would invalidated the count. First target for wave 3 stands at 1.618 3 vs. 1.  

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

INTU Technical Indicators: Above all averages

INTU Trading Strategy: Looking for longs into wave 3, on the pullback in wave {iv}.

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