|

Vertiv Holdings (VRT) should provide swing opportunity in next pullback

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

VRT favors impulse sequence in ((1)) of I of (III) after (II) pullback ended at $53.60 low in April-2025. It favors upside in (5) of ((1)) & soon pullback in ((2)), which provides buying opportunity later.

VRT – Elliott Wave latest daily view

In weekly since March-2020 low, it ended (I) at $155.84 high in January-2025 & (II) at $53.60 low in April-2025. Within (I), it ended I at $28.80 high, II at $7.76 low, III at $109.27 high, IV at $62.40 low & V at $155.84 high. In III, it placed ((1)) at $17.88 high, ((2)) at $11.95 low, ((3)) at $88.69 high, ((4)) at $72.58 low & ((5)) at $109.27 high. It ended ((A)) of IV at $85.14 low, ((B)) as flat at $95.48 high & ((C)) at $62.40 low in daily blue box area. Above there, it ended ((1)) at $83.75 high, ((2)) at $71.12 low, ((3)) at $145.67 high, ((4)) at $112.23 low & ((5)) at $155.84 high as V of (I).

VRT – Elliott Wave latest weekly view

Below (I), it ended a of (II) at $76.10 low, b at $94.20 high & c at $53.60 low in 3 zigzag correction in 4.07.2025. Within a red, it ended ((1)) at $97.50 low, ((2)) at $126.53 high, ((3)) at $84.59 low, ((4)) at $104.21 high & ((5)) at $76.10 low in diagonal structure. Above there, it ended (1) of ((1)) at $70.35 high, (2) at $60.67 low, (3) at $131.38 high, (4) at $110.06 low & favors upside in (5). Within (3), it ended 1 at $76.49 high, 2 at $65.68 low, 3 at $116.62 high, 4 at $107.38 low & 5 at $131.38 high.

VRT – Elliott Wave view from 4.21.2025

Within (5), it ended 1 at $133.52 high, 2 at $119.10 low, 3 at $153.50 high, 4 proposed ended at $135.35 low & favors upside in 5 of (5). It expects one more push higher above $153.50 to finish ((1)) soon before correcting in ((2)). We like to buy the pullback in ((2)) in 3, 7 or 11 swings against April-2025 low later. Alternative view is that it ended ((1)) at last peak, while ended (4) in flat correction at $119.10 low. In that case, the current bounce should fail below 7.30.2025 high to extend lower in (A) of ((2)). Therefore, chasing the last leg can be risky. The ((2)) ideally corrects between 0.382 – 0.618 Fibonacci retracement of ((1)).

Author

Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

More from Elliott Wave Forecast Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD drops to daily lows near 1.1630

EUR/USD now loses some traction and slips back to the area of daily lows around 1.1630 on the back of a mild bounce in the US Dollar. Fresh US data, including the September PCE inflation numbers and the latest read on December consumer sentiment, didn’t really move the needle, so the pair is still on course to finish the week with a respectable gain.

GBP/USD trims gains, recedes toward 1.3320

GBP/USD is struggling to keep its daily advance, coming under fresh pressure and retreating to the 1.3320 zone following a mild bullish attempt in the Greenback. Even though US consumer sentiment surprised to the upside, the US Dollar isn’t getting much love, as traders are far more interested in what the Fed will say next week.

Gold makes a U-turn, back to $4,200

Gold is now losing the grip and receding to the key $4,200 region per troy ounce following some signs of life in the Greenback and a marked bounce in US Treasury yields across the board. The positive outlook for the precious metal, however, remains underpinned by steady bets for extra easing by the Fed.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin is steadying above $91,000 at the time of writing on Friday. Ethereum remains above $3,100, reflecting positive sentiment ahead of the Federal Reserve's (Fed) monetary policy meeting on December 10.

Week ahead – Rate cut or market shock? The Fed decides

Fed rate cut widely expected; dot plot and overall meeting rhetoric also matter. Risk appetite is supported by Fed rate cut expectations; cryptos show signs of life. RBA, BoC and SNB also meet; chances of surprises are relatively low.

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs.