Fortinet Inc., Elliott Wave Technical AnalysisFortinet Inc., (NYSE: ): 4h Chart 15 December 2023FTNT Stock Market Analysis: Looking for further upside into wave {iii} as we have a clear five wave move into wave {i}. Looking for a pullback into wave (ii) as we seem to be approaching resistance entering Minor Group 2. FTNT Elliott Wave Count: Wave (i) of {iii}.FTNT Technical Indicators: Above all averages, and cross of 20 and 200EMA.FTNT Trading Strategy: Looking for longs after a pullback in wave (ii). Analyst: Alessio BarrettaFortinet Inc., FTNT: 1-hour Chart 15 December 2023Fortinet Inc., Elliott Wave Technical Analysis FTNT Stock Market Analysis: Looking for a top in wave (i) soon as we are approaching 0.618 {iii} vs. {i} as well as previous resistance on top of MG2. FTNT Elliott Wave count: Wave (i) of {iii}.FTNT Technical Indicators: Above all averages.FTNT Trading Strategy: Looking for longs after a pullback in wave (ii).
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Elliott Wave Technical Analysis: Fortinet Inc. – Friday, Dec. 15
