Jump to content

NASDAQ Elliott Wave Analysis: SPX, JPM, AAPL, AMZN, NVDA, TSLA, GOOGL, META, NFLX, MSFT 2024 Forecast


Recommended Posts

In this comprehensive guide, we delve into the intricate world of Elliott Wave analysis applied to the NASDAQ stock market, with a special focus on trading strategies for major tech stocks including NASDAQ 100, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL).

Our latest analysis, following the close on Friday, reveals a subdued ending that aligns perfectly with the peak of Wave i), indicating a dip in short-term momentum. This scenario sets the stage for the formation of Wave (c) of ii), marking a pivotal moment for traders to gear up for the upcoming long trade setup across the indices and specific stocks discussed in our analysis. It's important to note, however, that Apple (AAPL) may stand as an exception in this trend.

Currently, we are maintaining open long positions in several stocks, with the strategic goal of further building these positions into Wave iii) and beyond. Our strategy includes adding to and adjusting our entries for Microsoft (MSFT), Nvidia (NVDA), Amazon (AMZN), and fine-tuning the entry point for Alphabet (GOOGL). The latter presents a heightened risk in the forthcoming trading session, warranting a cautious approach.

This analysis not only provides insights into the expected movements based on Elliott Wave theory but also offers actionable trading strategies for investors looking to capitalize on these patterns. Stay tuned for continuous updates and strategic adjustments to maximize your trading outcomes in the dynamic NASDAQ market and its leading tech giants.

Video Chapters
00:00  NASDAQ 100 (NDX) SP500, JPM
06:15  Apple (AAPL)
06:53 Amazon (AMZN)
08:19 Meta Platforms (META)
09:51 NVIDIA (NVDA)
10:29 Netflix (NFLX) 
11:09 Alphabet (GOOGL)
12:33 Microsoft MSFT
14:13 Tesla (TSLA)
16:40 End

Analyst Peter Mathers TradingLounge™ Join & Learn Elliott Wave from Experts
Stay ahead of market movements and make informed decisions with our comprehensive analysis.

 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Blockchain technology adoption has been moving with speed of light over the last couple of years and the recent infusion of AI and blockchain technology has birthed unprecedented success. Virtually every sector from technology, finance, education, medicine and several other fields have opted for this seamless and efficient approach to make live easier.  In the field of medicine, UNICE emerged as a game changing and innovative project that utilizes artificial intelligence, emotion analysis, blockchain, and NFT to offer personalized emotion management, ensure users’ data ownership rights, and achieve transparent profit distribution The aim of UNICE is to make AI and blockchain user-friendly, supporting a healthy life style without any technical barriers hence it is totally different from other emotion analysis service. UNICE boast a team composed of medical professionals from Chung-Ang Medical University, AI and blockchain researchers and blockchain specialist no wonder they are backed by industry giant like DWF Labs, Fire block, Zealy, CLS and many others. UNICE uses a vast medical database built on expert medical knowledge and an extensive medical network. Through continuous feedback and observations, the service evolves, providing a personalized experience reminiscent of having a professional medical team by your side. With over $2M trading volume and corresponding +401.5% in the last 24hrs signifying a bullish trend, the listing on Bitget poised to further give the native token more exposure could further propel the token to a new high. What are your thoughts about this project?
    • Experience the future of staking with Renzo, a revolutionary re-staking protocol based on EigenLayer. Renzo abstracts the complex process of user re-staking, alleviating concerns about operator selection and reward strategy management for stakers. Renzo Protocol is not just limited to Ethereum; it aims to provide users with access to the EigenLayer ecosystem across multiple blockchain networks. From Ethereum to Arbitrum, Linea, Mode, Base, BNB, and OKX L2 chain networks, Renzo offers a unified interface for staking and re-staking, regardless of the underlying blockchain. This interoperability ensures that users can seamlessly navigate the EigenLayer ecosystem and maximize their staking potential. Excitement builds as Renzo Protocol (REZ) joins Bitget Pre Market Trading Platform, offering users the chance to pre-trade REZ before its official listing. Pre-market trading provides an over-the-counter (OTC) marketplace for new coins, allowing users to access early trading opportunities and discover potential investment prospects before the wider market. With Renzo on Bitget Pre Market Trading Platform, users can take advantage of exclusive trading opportunities and be part of the Renzo revolution from the outset.
    • Ready to Fight represents the first real attempt at bringing the global boxing community of over 50 million athletes, promoters, trainers, managers, and diehard fans into the world of decentralized social media and finance (SocialFi). It was founded by none other than heavyweight boxing superstar Oleksandr Usyk and blockchain entrepreneur Sergey Lapin. The native RTF token acts as the lifeblood of this intricately designed web3 social network. Stake RTF to access premium content and services. Use it to directly sponsor fighters you support or pay trainers for their time. Spend RTF on limited-edition boxing gear or merchandise drops. Thanks to the RTF listing on Bitget, crypto enthusiasts and boxing fans alike can now invest in and drive the rapidly expanding ecosystem. The low initial circulating supply and market cap suggests a massive upside for this first-of-its-kind SocialFi platform serving the boxing world.
×
×
  • Create New...
us