Elliott Wave Technical Analysis: The Trade Desk Inc. - Friday, Feb. 3

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The Trade Desk Inc., Elliott Wave Technical Analysis

The Trade Desk Inc., (Nasdaq: TTD): Daily Chart, 3 February 2023.

TTD Stock Market Analysis: Looking for an impulsive move off the lows as we are seeing a steep climb that broke through the 200EMA and the volume-based point of control

TTD Elliott Wave Count: Wave {iii} of 1.

TTD Technical Indicators: Above all averages.

TTD Trading Strategy: Looking for wave {iv} to enter long.

Analyst: Alessio Barretta

The Trade Desk Inc., TTD:1-hour Chart, 3 February 2023.

The Trade Desk Inc., Elliott Wave Technical Analysis

TTD Stock Market Analysis: We can count five waves off the lows in wave {i} as well as five waves into wave {iii}. We could be near the end of (v), 2.618% {iii} vs. {i} could be the next resistance.

TTD Elliott Wave count: Wave (v) of {iii}.

TTD Technical Indicators: RSI is in overbought territory as well above the averages.

TTD Trading Strategy: Looking for wave {iv} before placing longs.


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