Elliott Wave Technical Analysis: Twist Bioscience Corp. - Wednesday, March 29

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Twist Biosciences Corp., Elliott Wave Technical Analysis

Twist Biosciences Corp., (Nasdaq: TWST): Daily Chart, 29 March 2023.

TWST Stock Market Analysis: Twist has been moving as expected, so we could definitely be in wave v of (iii) as we are looking for further downside.  

TWST Elliott Wave Count:  Wave (iii) of {v}.

TWST Technical Indicators: Below all averages.  

TWST Trading Strategy: Looking for downside into wave (iii) to then continue lower to complete {v}.

Analyst: Alessio Barretta

Twist Biosciences Corp., TWST: 4-hour Chart, 29 March 2023.

Twist Biosciences Corp., Elliott Wave Technical Analysis
TWST Stock Market Analysis: We are looking at a potential zone of support for wave v and that could be represented by equality of v vs. i at 12.87$.

TWST Elliott Wave count:  Wave v of (iii).

TWST Technical Indicators: Below all averages, with weak signs of RSI bullish divergence.  

TWST Trading Strategy: Looking for quick short trades into wave v.

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