**Quick Stock Updates – April 22, 2024**

In the ever-evolving world of stock trading, staying updated on key technical levels and potential price movements is crucial for investors and traders alike. Here’s a concise overview of some major stocks and their respective Elliott Wave forecasts, highlighting key levels to watch for potential reversals or continuations.

**MSFT (Microsoft)**
– Current Status: Needs to rally to 404 to achieve a .382 retracement for Wave 4.
– Implication: A successful rally to this level could signify renewed bullish momentum and a potential continuation of the uptrend.

**META (Meta Platforms, formerly Facebook)**
– Current Status: Worst-case scenario points to a full ABC zigzag correction, targeting the 465-470 range.
– Implication: A decline to these levels could indicate a significant correction in progress, warranting caution for investors.

**NFLX (Netflix)**
– Current Status: Needs to retrace to 570 to achieve a .382 retracement for Wave 4.
– Implication: A pullback to this level could provide a potential buying opportunity, signaling a corrective phase nearing completion.

**GOOGL (Alphabet Inc., Google)**
– Current Status: A break above 157 resistance could set up a bottom formation.
– Implication: A successful breakout above this resistance level could indicate a bullish reversal and potential uptrend continuation.

**SMCI (Super Micro Computer Inc.)**
– Current Status: Needs to retrace to 765 to achieve a .382 retracement for an upward Wave 4.
– Implication: A rally to this level could signal a potential bottom and the beginning of a new uptrend phase.

**AMD (Advanced Micro Devices)**
– Current Status: Needs to rally to 153 to achieve an upward Wave 4 at .382 retracement.
– Implication: A successful rally to this level could confirm a bullish reversal, suggesting a potential uptrend continuation.

**NVDA (NVIDIA Corporation)**
– Current Status: Has achieved a .382 retracement for Wave 4 and could be nearing the end of a 5-wave decline.
– Implication: The completion of this retracement and potential 5-wave decline could signal a bottom and the start of a new bullish phase.

**ARM (Arm Holdings plc)**
– Current Status: Needs to rally to 100 to achieve a .382 retracement for Wave 4.
– Implication: A successful rally to this level could indicate a potential bottom and the beginning of a new uptrend.

**KLAC (KLA Corporation)**
– Current Status: Needs to rally to 645 to achieve a .382 retracement for Wave 4.
– Implication: A rally to this level could signal a potential bottom and the start of a new uptrend phase.

**LRCX (Lam Research Corporation)**
– Current Status: Needs to rally to 890 to achieve an upward Wave 4.
– Implication: A successful rally to this level could confirm a bullish reversal and potential uptrend continuation.

**AVGO (Broadcom Inc.)**
– Current Status: Needs to rally to 1245 to achieve a .382 retracement for Wave 4.
– Implication: A successful rally to this level could indicate a potential bottom and the beginning of a new uptrend.

**ASML (ASML Holding N.V.)**
– Current Status: Needs to rally to 895 to achieve a .382 retracement for Wave 4.
– Implication: A rally to this level could signal a potential bottom and the start of a new uptrend phase.

**SPOT (Spotify Technology S.A.)**
– Current Status: Nearing completion of a 5-wave decline.
– Implication: The completion of this decline could signal a potential bottom and the start of a new bullish phase.

**DASH (DoorDash Inc.)**
– Current Status: Nearing completion of a 5-wave decline.
– Implication: The completion of this decline could signal a potential bottom and the start of a new bullish phase.

**UBER (Uber Technologies Inc.)**
– Current Status: Nearing completion of a 5-wave decline.
– Implication: The completion of this decline could signal a potential bottom and the start of a new bullish phase.

**LYFT (Lyft Inc.)**
– Current Status: Nearing completion of a 5-wave decline.
– Implication: The completion of this decline could signal a potential bottom and the start of a new bullish phase.

**Conclusion**

The above updates provide a snapshot of the current technical landscape for these major stocks, highlighting critical levels that could influence their respective price movements in the coming sessions. Traders and investors should use this information as part of their broader analysis, combining it with other tools and indicators to make informed decisions.

As always, it’s essential to exercise prudent risk management and maintain a disciplined approach to trading, especially in volatile market conditions.