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Vertiv Holdings (VRT) eyes next rally from blue box area

Vertiv Holdings Co., is an American multinational provider of critical infrastructure & services for data centers, communication networks & commercial & industrial environments. It comes under Industrials sector & trades as “VRT” ticket for NYSE.

As expected in the previous article, VRT ended impulse sequence (I) at $155.84 high in January-2025. Below there, it favors zigzag correction in (II) towards $68.08 – $31.94 area before next rally. It reached the daily blue box area & should continue rally against $31.94 low.

VRT – Elliott Wave latest weekly view

Chart

In weekly, it favors (II) pullback in 3 swings pullback & buyers should take control soon. It placed I at $28.80 high in August-2021 & II as flat correction at $7.76 low in July-2022. Above that low, it resumed higher in extended III sequence, which ended at $109.27 high in May-2024. Within III, it placed ((1)) at $17.88 high, ((2)) at $11.95 low, ((3)) at $88.69 high, ((4)) at $72.58 low & finally ended ((5)) at $109.27 high as III. It ended IV as zigzag correction at $62.40 low & V as (I) at $155.84 high.

VRT – Elliott Wave latest daily view

Chart

Below (II) low, it favors lower in c & expect to break below 4.07.2025 low to finish the correction. Within (II), it placed a at $97.50 low & b at $126.53 high. It placed ((1)) of c at $76.10 low, ((2)) at $94.20 high, ((3)) at $53.60 low, ((4)) at $76.49 high & favors downside in ((5)). It expects ((5)) to extend towards $48.12 – $36.25 area to finish c in zigzag correction. We like to remain long from daily blue box area against $31.94 low for next move higher. It should continue rally later in (III) or at least larger 3 swing bounce.

VRT – Elliott Wave view from 9.23.2024

Chart

Author

Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

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