Trading Strategy For US Tech Stocks

Trading Strategy For US Tech Stocks – Technical Analysis

Jan 26, 2025Jeremy ParkinsonFinance, No picture0

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 SeasonVideo 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
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