26Feb

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

Elliott Wave Analysis and Strategy for NASDAQ and Major Tech Stocks

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™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.com  Join & Learn Elliott Wave from Experts
Stay ahead of market movements and make informed decisions with our comprehensive analysis.

See Previous Video:  Nasdaq Tech Stocks

Related

NVIDIA Corp. (NVDA) Stocks Elliott Wave Technical Analysis Includes NVDA's Wave Counts, Potential Targets, and Resistance Levels

NVIDIA Corp. (NVDA) Stocks Elliott Wave Technical Analysis Includes NVDA's Wave Counts, Potential Targets, and Resistance Levels

This article offers a comprehensive analysis of NVIDIA Corp. (NVDA) using Elliott Wave Theory. We de...

Read More >
Focusing on the stock's current ASX Trading Success: FORTESCUE LTD - FMG Stock Analysis & Elliott Wave Technical Forecast

Focusing on the stock's current ASX Trading Success: FORTESCUE LTD - FMG Stock Analysis & Elliott Wave Technical Forecast

This article provides a detailed Elliott Wave analysis of Fortescue Metals Group Ltd (FMG), focusing...

Read More >
Unlocking the Potential: GX Uranium ETF (URA) Commodity Elliott Wave Technical Analysis for Commodity Investors

Unlocking the Potential: GX Uranium ETF (URA) Commodity Elliott Wave Technical Analysis for Commodity Investors

This article provides a comprehensive Elliott Wave analysis of the GX Uranium ETF (URA). It covers t...

Read More >
Polkadot (DOTUSD) Elliott Wave Analysis & Trading Strategy - February 5, 24

Polkadot (DOTUSD) Elliott Wave Analysis & Trading Strategy - February 5, 24

Delve into Polkadot's (DOTUSD) market dynamics with expert Elliott Wave analysis and strategic i...

Read More >
Explore the potential for upcoming trends: Dogecoin Crypto Price News Today Elliott Wave Technical Analysis

Explore the potential for upcoming trends: Dogecoin Crypto Price News Today Elliott Wave Technical Analysis

This article provides an in-depth Elliott Wave Analysis of Dogecoin (DOGEUSD), offering valuable ins...

Read More >
Elliott Wave Analysis Update: Stability and Opportunities in Commodity Markets

Elliott Wave Analysis Update: Stability and Opportunities in Commodity Markets

The latest Elliott Wave analysis of commodity markets shows unchanged wave counts. Bitcoin is confir...

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