Friday, February 3, 2023 7:26 AM EDT
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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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