Elliott Wave Technical Analysis: Intuit Inc.

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Intuit Inc., Elliott Wave Technical Analysis

Intuit Inc., (Nasdaq: INTU): Daily Chart, 10 February 2023.

INTU Stock Market Analysis: Looking for further upside into wave 5 with wave 4 being a triangle as charted. We are also rejecting the 200EMA and trying to continue lower into wave (E).  

INTU Elliott Wave Count:  Wave (E) of 4.

INTU Technical Indicators: broke below the 200EMA.  

INTU Trading Strategy: Looking for further downside into wave (E) to look for longs.      

Analyst: Alessio Barretta

Intuit Inc.,  INTU: 4-hour Chart, 10 February 2023.

Intuit Inc.,  Elliott Wave Technical Analysis
INTU Stock Market Analysis: Looking for shorts into wave (E). We had a sharp move down from what could be the top of (D) and it seems we are ready to resume lower as we move below the 20EMA.  

INTU Elliott Wave count:  Wave {ii} of A.

INTU Technical Indicators: below 20EMA.  

INTU Trading Strategy: Looking for downside into wave (E) as labeled.


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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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