Elliott Wave Analysis For Nasdaq Tech Stocks
Elliott Wave Analysis for Nasdaq Tech Stocks: Bullish Cycle & Trading Strategies
The Nasdaq 100 (NDX), SP500 (SPX), and major tech stocks like Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), and Bitcoin (BTC) are firmly in a bullish cycle, currently in Wave (1) of 5.
As markets progress through Wave (1), we've surpassed the midpoint, reaching Wave (iv) of iii) of 3 of (1). Now, we are navigating a series of fours and fives, with Wave iv) and Minor Wave 4 likely to be sideways and complex. Patience is key.
Trading Strategy: Hold long positions without adding more at this stage, as upward momentum may slow. Begin considering target zones for taking profits on selected stocks.
Video Chapters
00:00 Nasdaq 100 (NDX)
06:28 Apple (AAPL)
08:22 Amazon (AMZN)
08:56 NVIDIA (NVDA)
10:52 Meta Platforms (META)
11:57 Netflix (NFLX)
13:08 Alphabet (GOOGL)
14:49 Microsoft MSFT
15:53 Tesla (TSLA)
17:09 Bitcoin
19:06 End
More By This Author:
Elliott Wave Technical Analysis: British Pound/U.S. Dollar - Friday, Aug. 16
Elliott Wave Technical Analysis: Maruti Suzuki India
Unlocking ASX Trading Success: National Australia Bank Limited - Friday, Aug. 16
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Comments
![](/images/tinyMceCommentImg.png)