Elliot Wave analysis with projections until the end of the year.
GOOGL. Following SPX, I am looking GOOGL targets at 1400-1417 as shown in the chart. At any of these levels, I expect a corrective pattern towards ~ 1294 within area (c) 1314-1256.
It has so far held the support at (5) of (a) = 747. Provide it does keep this support at 747, then I am expecting a bull run towards (b) ~ 806/821 at (b). Please follow /ES and SPX. I will update the chart again once we have more price data
TSLA. First, latest target on TSLA = 876 at v of (v) of . It hit 869. If my count is right and market dumps as expected and per potential major retracement on NQ and SPX, then it makes me expect a major pullback on TSLA towards ~ 657-607. Please, follow market /ES SPX as well.
AAPL. I am expecting AAPL target at 311-314 at wave iii of (v).
Bullish reversal confirmed. Currently under sub-micro (2) of (3) of (5) of iii. Next target (3) at 319-322, resistance at 308. Final target at (5) of iii of (v) of 1 at 337.
#FTNT. First, it formed an inverted head and shoulders, marked at the red arrows. Second, it has completed a complex correction from minuette (iii) to (iv) in a W-X-Y pattern, which you can see by its sub-waves counts. I expect a bullish run towards target at (v) ~ 124. Earnings May 6th, so if considering FTNT, it is recommended to enter expiration greater than May 6th.
NFLX. I believe once NFLX completes current a-e correction and breaks down the base at 414 of e, it will run bearish towards target at 4 = 388.29-389. I expect this to occur by May 4th. The retracement to 389 is also minor wave 4 of 3 at 0.328 fib retracement.
SHOP retraced to 0.32% fib at (iv) of 3. From here, it is expected impulse sub-waves towards (v) of (3) at 0.618% ext ~ 724.
SPX to 2757 (range 2763-2750) to complete sub-wave (iv) of (v) of . Once (iv) is completed, expect high at 3092
INTU. It has completed a major minueette wave (ii) at 0.5% FIB retracement of sub-wave (1) of 1. It has also completed its minor wave 2 of 1 in a a-b-c pattern. From here, INTU is in a strong bullish impulsive 5 waves structure towards 0.5 - 0.618 at 340-355 at (v) of minor 3. Resistance at around 292. Potential R/R 6:1.
AAPL has completed its minuette wave (iv) at exactly 0.236 fib retracement level. It is now on major 5 impulsive sub-waves towards (v), targeted at 323, with resistance along the way at 303, 308. Long APPL target 323, 1st interim target 303, 308. AAPL reports earnings on APR 30th.
SHOP. I believe SHOP will retrace to (iv) at around 487. Then, a bull run towards (v) at ~ 640.
Looking towards FTNT completing wave (v) at 123.
Looking NFLX to complete wave (v) of 3 with target 441. This is my next immediate target.
I believe NVDA is completing a triangle and once completing e of the triangle, it will run to its last wave v at 292. DISCLAIMER: Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original...
TSLA. On Thursday, TSLA finally ran to target. I had calculated 592, and it hit 596. It was quite disappointing MM left it to post-market. It would be a massive gain. Still, I was able to profit, after all we perform deep EWT analysis along with our customized AI to ensure consistent profits. From here, I am convinced TSLA will run bearish towards target at area...
TSLA. It worked on wave (iv) and looking at daily chart it is facing resistance. On the positive side, it’s squeezing on the hourly, which means it is accumulating. I personally believe it will run to target (iii). For this to happen, it still needs hold wave iv on chart at the base of the wedge. If it loses it, I will be concerned of a potential bearish reversal....