Trading Strategy For US Tech Stocks - Technical Analysis

Summary:

  • Most stocks are currently in the later stages of their Impulse Wave iv) within Wave 1.
  • Key earnings reports are expected this week for major tech stocks.
  • Our strategy focuses on waiting for the top, followed by a corrective abc phase downward. After the initial impulse wave, we’ll seek a long trade setup for the next swing trade, expected to develop in about a week.

Elliott Wave Analysis: NASDAQ Tech Stocks

  • S&P 500 (SPX): Wave 1 of (1)
  • NASDAQ 100 (NDX): Wave 1 of (1)
  • Apple (AAPL): Wave 4
  • Amazon (AMZN): Wave 1
  • Nvidia (NVDA): Wave 1
  • Meta Platforms (META): Wave 1
  • Netflix (NFLX): Wave 1
  • Alphabet (GOOGL): Wave i)
  • Microsoft (MSFT): Wave 1
  • Tesla (TSLA): Wave ii)
  • Bitcoin (BTC): Wave 1

Key Financial Events – US Earnings Season


Video Chapters:

00:00 – S&P 500 (SPX)
07:24 – NASDAQ 100 (NDX)
10:18 – Apple (AAPL)
12:17 – Amazon (AMZN)
16:26 – Nvidia (NVDA)
20:36 – Meta Platforms (META)
22:50 – Netflix (NFLX)
24:37 – Alphabet (GOOGL)
26:59 – Microsoft (MSFT)
30:32 – Tesla (TSLA)
35:50 – Bitcoin (BTC)
42:08 – End


📊 Analyst: Peter Mathers | TradingLounge™


More By This Author:

Elliott Wave Technical Analysis: Mineral Resources Limited
Elliott Wave Technical Analysis: Avery Dennison Corporation
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Friday, Jan. 24

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

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