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US Stocks: ADBE, IBKR, NIO, OKTA, SNAP, Elliott Wave Analysis 19 April 2021

US Stocks: ADBE, IBKR, NIO, OKTA, SNAP, Elliott Wave Analysis 19 April 2021

US Stocks: ADBE, IBKR, NIO, OKTA, SNAP, 19 April 2021
Elliott Wave Analysis

Adobe Inc., ADBE
Daily Chart, April 19 2021

Everything is moving as planned, we should see further upside. The move is actually being more aggressive than I thought, so let’s not be surprised if we see a pullback, which could be wave iv). As long as it is in 3, we can buy it.

Interactive Brokers Group Inc IBKR
Daily Chart, April 19 2021

As predicted, the b) wave was not completed. At this point I’d like to see further downside to completed c) of 4. We already have some potential reversal point between 72$ and 68$. Also around 70$ we have equality in length of Minor 2 compared to Minor 4. That area will most likely be a strong support zone.

Nio Inc., NIO
Daily Chart, April 19 2021

The triangle in wave 4) could actually be in place and a long position with a very tight SL could be
taken into consideration. We cannot break the wave C low at around 33.8$

Okta Inc. OKTA
Daily Chart, April 19 2021

At this stage I had to change count and came up with a bullish alternate. Once and if we’ll get a pullback to the downside, we’ll see whether it’ll be in 3 or 5 swings.

Snap Inc SNAP
Daily Chart, April 19 2021

Snap moving as planned, it’d be better if we get another leg down before resuming higher.

 


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This Elliott Wave Analysis  is suitable for tracking the QQQ, dow jones DJI DJIA Emini (ES) SPY Futures Index, this video uses Contracts for Difference (CFDs)  known as CFD Trading indices / Index trading.Technical Analysis Elliott wave and Trading Levels.
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S&P 500 Technical Analysis
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Trading indices / Index trading. Technical Analysis Elliott wave and Trading Levels.


Elliott Wave technical analysis, OKTA Elliott Wave, Okta Inc.,Snap Inc, SNAP Elliott Wave, Interactive Brokers Group Inc, IBKR Elliott Wave, Adobe Inc., ADBE Elliott Wave, Nio Inc., NIO Elliott Wave,

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