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