Elliott Wave Technical Analysis Intuit Inc. - Wednesday, July 26

Intuit Inc., Elliott Wave Technical Analysis

Intuit Inc., (INTU:NASDAQ): Daily Chart 26 July 23

INTU Stock Market Analysis: We continue to look for upside continuation as every pullback seems to be corrective in nature. We are targeting 1.618 3 vs. 1 at 521$.

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

INTU Technical Indicators: Above all averages.

INTU Trading Strategy: Looking for continuation higher into wave {v}

(Click on image to enlarge)

Intuit Inc., INTU: 1-hour Chart 26 July 23

Intuit Inc., Elliott Wave Technical Analysis
INTU Stock Market Analysis: We are finding support of equality of {iii} vs. {i} at 489$ and we retraced between 23.6% and 38.2% of previous wave {iii}. Wave {iv} may not be completed, invalidation stands at 462$.

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

INTU Technical Indicators: Above all averages.

INTU Trading Strategy: Looking for upside into wave {v} to reach the target at 521$.

(Click on image to enlarge)


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