Criteo S.A. (CRTO), is a technology company, provides marketing & monetization services on the internet in North & South America, Europe, Middle East, Asia-Pacific & Africa. It is based in Paris, France. It comes under Communication services sector & trades under “CRTO” ticker at Nasdaq.
CRTO made all time low at $5.89 in March-2020 during global sell off. Thereafter it started impulse sequence higher & favored ended at $46.65 high on 7/07/2021 as I red. While below there it favors correction against March-2020 low as II & expect to extend towards $29.06 – $20.11 area before turning higher.
It made all time low at $5.89 on 3/18/2020. While above there, it favored ended ((1)) at $11.60 high on 4/29/2020. It placed ((2)) at $8.55 low as 0.5 retracement of previous cycle. Thereafter it started third wave of third wave extension & favored ended at $42.50 high on 5/05/2021. Below there, it placed ((4)) at $33.50 low on 5/11/2021 as 0.236 retracement of ((3)). Finally, it favored ended ((5)) of I at $46.65 high on 7/07/2021. While below there, it favors correction in II as proposed zigzag structure.
Below $46.65 high, it placed ((A)) at $32.12 low & ((B)) at $40.76 high. While below there, it placed (1) & (2) at $33.99 high. Currently, it favors (3) of ((C)) lower & expect overall ((C)) to end between $29.06 – $20.11 area as zigzag correction in II before it turning higher or at least 3 swing bounce thereafter. So it expecting two more lows between equal leg area.
Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $9.99.Back