Stock Market Report: Trading NASDAQ Stocks: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL
Stock Market Summary: The strong move down in the last session, places the SP500, Nasdaq 100 and most stocks in Wave c) of 4 correction being uncompleted. The current Wave 4 can be viewed as a Elliott Wave Triangle pattern of a Regular Flat correction. Either way the Wave 4 correction is not finished. The good news is that now we can see more clearly that the buying opportunity is approaching for stocks and Indices.
Trading Strategies: Expect further downside, so short trades are Risk on.
Video chapters:
00:00 NASDAQ 100 (NDX)
03:32 Apple (AAPL)
08:58 Amazon (AMZN)
11:52 NVIDIA (NVDA)
12:59 Meta Platforms (META)
15:15 Netflix (NFLX)
16:10 Alphabet (GOOGL)
20:29 Microsoft MSFT
22:04 Tesla (TSLA)
As with any investment opportunity there is a risk of making losses on investments that Trading Lounge expresses opinions on.
Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.
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