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Phreesia Inc., Elliott Wave Technical Analysis

Phreesia Inc., (Nasdaq: PHR): Daily Chart, 20 April 2023.

PHR Stock Market Analysis: We have been moving higher ever since we looked at the count with the potential diagonal in wave C which now is confirmed. We’ll only need to see in what higher degree wave we are and that needs further developments.  

PHR Elliott Wave Count: Wave {i} of 1.  

PHR Technical Indicators: Above all averages.

PHR Trading Strategy: Looking for upside to first break the base of the ending diagonal as additional confirmation.  

Analyst: Alessio Barretta

Phreesia Inc., PHR: 4-hour Chart, 20 April 2023.

Phreesia Inc., Elliott Wave Technical Analysis

PHR Stock Market Analysis: Looking for an extension within wave (iii), which would mean every pullback from now on, in small timeframes should stay supported.  

PHR Elliott Wave count: Wave iii of (iii).  

PHR Technical Indicators: Above the 200EMA.

PHR Trading Strategy: Looking for longs in small timeframes.

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