AAPL and top tech stocks [Video]

00:00 NASDAQ 100 
1:32 Apple (AAPL)
3:31 Amazon (AMZN)
05:32 Meta Platforms (META)
08:08 Netflix (NFLX) 
09:54 Alphabet (GOOGL)
14:39 Microsoft MSFT
16:21 Tesla (TSLA)

منبع: https://www.fxstreet.com/news/elliott-wave-analysis-aapl-and-top-tech-stocks-video-202308070003

Only after obtaining a clear confirmation of the end of Wave 4 and the initiation of an upward impulse should traders consider initiating long positions in anticipation of participating in the subsequent bullish Wave 5 of Wave (3). This cautious approach seeks to minimize risk while capitalizing on the potential gains of the unfolding Elliott Wave pattern.

Video chapters:


A prudent trading strategy at this juncture would be to observe the market closely and wait for a confirmed low in Wave 4. It is crucial to wait for the emergence of an impulse wave indicating a potential upward movement, which would signal the start of Wave 5 of the larger Wave 3 pattern.

NASDAQ stocks, including Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms, Netflix (NFLX), and Alphabet (GOOGL), remain under the influence of ongoing corrective patterns. In the recent session, these stocks continued to test lower levels in search of solid support.

Elliott Wave Analysis indicates that the current correction, specifically Wave 4, has not yet reached completion. Traders and investors should exercise caution and be patient as the market may require another session or more to finalize the corrective phase.