Jump to content

Elliott Wave Analysis for NASDAQ Tech Stocks: Key Patterns and Market Forecast for AAPL, AMZN, NVDA, META, NFLX, GOOGL, MSFT, and TSLA


Recommended Posts

NASDAQ 100 (NDX), SP500 (SPX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave analysis and trading strategies: 

Elliott Wave Analysis of NASDAQ Tech Stocks
As markets have moved lower, we are adjusting our analysis to reflect the next logical and practical step for the S&P 500, NASDAQ, and major tech stocks. We will elevate the degree of Intermediate Wave (4) to Primary Wave (4) and look for patterns that align with the retracement and market support levels at this degree.

Market Outlook and Wave Analysis
There is more downside expected, though it is not extensive, over the upcoming trading sessions. We'll be closely monitoring the speed, volume, and pattern of this final leg lower.

Key Stocks to Watch
All major tech stocks, including Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Microsoft (MSFT), and Tesla (TSLA), are anticipated to edge lower, with some experiencing more significant declines than others over the next two or three trading sessions.


Video Chapters
00:00 NASDAQ 100 (NDX) & SP500 (SPX)
11:19 Apple (AAPL)
13:38 Amazon (AMZN)
16:00 NVIDIA (NVDA)
17:24 Meta Platforms (META)
18:46 Netflix (NFLX) 
19:12 Alphabet (GOOGL)
20:31 Microsoft MSFT
21:03 Tesla (TSLA)
23:43 Bitcoin, Ether, Solana
31:39 End

Analyst Peter Mathers TradingLounge™ 
Source: tradinglounge 

 

Edited by tradinglounge
text error
Link to comment
  • tradinglounge changed the title to Elliott Wave Analysis for NASDAQ Tech Stocks: Key Patterns and Market Forecast for AAPL, AMZN, NVDA, META, NFLX, GOOGL, MSFT, and TSLA

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

    • Now that the airdrop trend has calmed down, I’ve been exploring liquidity mining opportunities in DeFi. One of my main challenges in this space has been liquidity management. Engaging in DeFi—whether through trading or investing—takes significant time and effort with no guaranteed returns.   Although I'm still new to this, I’ve been looking into Quantlytica. Their aim is to revolutionize DeFi by breaking liquidity barriers, making it more accessible to everyone, regardless of expertise. Their native token, QTLY, is set to debut on Bitget spot soon, generating strong sentiment. I’m curious if any DeFi enthusiasts have leveraged their ecosystem and would appreciate your reviews.
    • Tron (TRX) is showing bullish signs after breaking out of a falling wedge pattern, a bullish technical formation. Currently trading at $0.15407, TRX price is expected to push further upwards toward the $0.156 target, with the following key details: Price of TRX: $0.1541, up 1.12%. Bullish Breakout: The falling wedge breakout points toward further price appreciation. Support and Resistance Zones: Support Zone: Strong support between $0.152 and $0.153, providing a cushion in case of any pullbacks. Resistance Level: The next resistance is at $0.156, which needs to be broken for a further bullish continuation. SUN Token: Whale Activity and Market Impact In the past two hours, an anonymous whale sold $1 million worth of SUN tokens, causing the price to drop by 7.07%. Currently, SUN is trading at $0.02483, according to CoinMarketCap. Tron’s founder, Justin Sun, denied owning the whale address responsible for the sale, distancing himself from the market turbulence. While Bitcoin's recent performance shows renewed investor confidence, the market's response to CPI data and the upcoming FOMC decision will be crucial in shaping the next bullish or bearish trend. As for Tron (TRX), the current bullish structure may offer opportunities for further gains, with $0.156 as the key target to watch. Keep an eye on the broader crypto market for more volatility and updates in the coming day. 
×
×
  • Create New...
us