Elliott Wave analysis: Nasdaq and top tech stocks [Video]

Swing trading – SP500, NASDAQ, AAPL, AMZN, NVDA, META, NFLX, GOOGL, MSFT, TSLA. This analysis provides insights into the Elliott Wave patterns observed in major […] The post Elliott Wave analysis: Nasdaq and top tech stocks [Video] appeared first on Top World News Today.

Apr 29, 2024 - 14:01
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Elliott Wave analysis: Nasdaq and top tech stocks [Video]

Swing trading – SP500, NASDAQ, AAPL, AMZN, NVDA, META, NFLX, GOOGL, MSFT, TSLA.

This analysis provides insights into the Elliott Wave patterns observed in major NASDAQ stocks, including the NASDAQ 100, S&P 500, and key companies like Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL).

Currently, we assess that the Wave (4) low may have been established across these indices, signaling a potential shift to a “Risk On” stance. This scenario suggests that building long positions in most technology stocks could be increasingly viable. However, the inherent risk lies in the possibility that Wave (4) may not yet be fully in place. As a precaution, we continue to manage existing risks carefully. Should the market conditions confirm the placement of Wave (4), we will be better positioned to safely escalate our long trading positions in anticipation of the next upward movement.

Video chapters:

00:00 NASDAQ 100 (NDX)  SP500 (SPX)
01:43 Apple (AAPL)
03:26 Amazon (AMZN)
04:18 NVIDIA (NVDA)
05:13 Meta Platforms (META)
05:54 Netflix (NFLX) 
06:31 Alphabet (GOOGL)
07:20 Microsoft MSFT
08:00 Tesla (TSLA)

The post Elliott Wave analysis: Nasdaq and top tech stocks [Video] appeared first on Top World News Today.

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