The strong upward movement in indices and stocks suggests that impulse wave iii) is topping out, as evidenced by lower volumes and shorter trading ranges.

Elliott Wave Analysis of NASDAQ Tech Stocks:

  • S&P 500 (SPX): Anticipating wave (v) of iii) to reach around 6,000 as a short-term top.
  • NASDAQ 100 (NDX): Expecting wave (v) of iii) to hit approximately 21,200–21,300 as a short-term top.
  • Apple (AAPL): Currently evaluating two possible wave counts.
  • Amazon (AMZN): In wave iv) of 3.
  • NVIDIA (NVDA): In wave 4, showing a classic Trading Levels pattern across the 150 Medium Level.
  • Meta Platforms (META): Targeting wave (v) of i) at 600.
  • Netflix (NFLX): Projecting wave v) of 5 of (3) to move above 800.
  • Alphabet (GOOGL): In wave iv) of 3 around the 180 level.
  • Microsoft (MSFT): Anticipating wave (v) of a) up to 430.
  • Tesla (TSLA): Currently in wave (iii) of iii) of 5.
  • Bitcoin (BTC): In wave iii) aiming for 80.

Video Chapters
00:00 NASDAQ 100 (NDX). SP500 (SPX).
12:29 Apple (AAPL)
14:17 Amazon (AMZN)
15:10 NVIDIA (NVDA)
16:21 Meta Platforms (META)
19:30 Netflix (NFLX) 
22:23 Alphabet (GOOGL)
23:43 Microsoft MSFT
25:44 Tesla (TSLA)
27:37 Bitcoin
35:15 End

Analyst Peter Mathers TradingLounge™ 
See Previous Video: Nasdaq Tech Stocks Elliott Wave Analysis

SPECIAL DEAL To Join: buy 1 month Get 3 months  https://tradinglounge.com/341  

Related

Euro/U.S. Dollar Forex Trading Strategies: Elliott Wave Technical Analysis for the EURUSD Currency Pair, Focusing Charts

Euro/U.S. Dollar Forex Trading Strategies: Elliott Wave Technical Analysis for the EURUSD Currency Pair, Focusing Charts

This article provides a comprehensive Elliott Wave analysis for the EURUSD currency pair, focusing o...

Read More >
Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 17 January 24

Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 17 January 24

Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis dated 17 January 24 with Bitcoin and U.S...

Read More >
Achieving ASX Trading Success: SOUTH32 LIMITED Stock Insights & S32 Elliott Wave Technical Analysis

Achieving ASX Trading Success: SOUTH32 LIMITED Stock Insights & S32 Elliott Wave Technical Analysis

Our comprehensive Elliott Wave analysis for ASX: S32 (SOUTH32 LIMITED) highlights potential retracem...

Read More >
USD/CAD Elliott Wave Analysis: Trading Insights on 4-Hour and Daily Charts - 9 February 24

USD/CAD Elliott Wave Analysis: Trading Insights on 4-Hour and Daily Charts - 9 February 24

Dated 9 February 24, our "USD/CAD Elliott Wave Analysis Trading Lounge 4 Hour Chart" sugge...

Read More >
Understand the JPM stock forecast and price movements with JP Morgan & Chase Co. Stocks Elliott Wave Technical Analysis

Understand the JPM stock forecast and price movements with JP Morgan & Chase Co. Stocks Elliott Wave Technical Analysis

Explore our in-depth Elliott Wave analysis of JPMorgan Chase & Co. (JPM). Understand the current sto...

Read More >
Tata Consumer Product Stock Analysis: Elliott Wave Insights, Key Levels, Price Predictions, and Daily & 4H Chart Breakdown

Tata Consumer Product Stock Analysis: Elliott Wave Insights, Key Levels, Price Predictions, and Daily & 4H Chart Breakdown

Analyze Tata Consumer Product (TATACONSUM) stock with Elliott Wave principles. Get insights into wav...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on