05Dec

Amazon Inc.(AMZN:NASDAQ) Elliott Wave Technical Analysis 5 December 23

Amazon Inc., Elliott Wave Technical Analysis

Amazon Inc., (AMZN:NASDAQ): 4h Chart 5 December 23

AMZN Stock Market Analysis: Looking for a top in wave (i) in place as we have taken out the previous top. The more conservative alternate is that wave {v} is in place and we are due wave 4.  

AMZN Elliott Wave Count: Wave (ii) of {v}.  

AMZN Technical Indicators: Below 20EMA  

AMZN Trading Strategy: Looking for longs once the wave (i) top gets taken out.  

TradingLounge Analyst: Alessio Barretta

Source: Tradinglounge.com get trial here!

AMZN-4Hr-Stock-Chart...

 


 

Amazon Inc., AMZN: 1-hour Chart, 5 December 23

Amazon Inc., Elliott Wave Technical Analysis 

AMZN Stock Market Analysis: Looking for a three wave move into wave a and we are now looking for a pullback in wave b. Ideally we will get support between 138$.  

AMZN Elliott Wave count:  Wave b of (ii). s

AMZN Technical Indicators: Between 20 and 200EMA.

AMZN Trading Strategy: Looking for longs once the wave (i) top gets taken out.

AMZN-1Hr-Stock-Chart...

Related

Predicting the Breakout Direction: Gold (XAUUSD) Elliott Wave Technical Analysis

Predicting the Breakout Direction: Gold (XAUUSD) Elliott Wave Technical Analysis

while gold remains trapped in a range for now, the anticipation of a breakout looms large. With care...

Read More >
Our Expert Analysis and forecast for ASX LMITED - ASX Stock Analysis & Elliott Wave Technical Forecast

Our Expert Analysis and forecast for ASX LMITED - ASX Stock Analysis & Elliott Wave Technical Forecast

Our in-depth Elliott Wave analysis of ASX Limited offers insights into current market trends and fut...

Read More >
Uncover key validation points to boost your trading confidence: ASX Limited Elliott Wave Technical Analysis

Uncover key validation points to boost your trading confidence: ASX Limited Elliott Wave Technical Analysis

Our comprehensive Elliott Wave analysis provides an in-depth look at ASX LIMITED on the Australian S...

Read More >
An in-depth look at The TJX Companies Inc.(TJX) Stocks Technical Analysis through the lens of Elliott Wave theory

An in-depth look at The TJX Companies Inc.(TJX) Stocks Technical Analysis through the lens of Elliott Wave theory

This analysis provides an in-depth look at TJX Companies Inc. through the lens of Elliott Wave theor...

Read More >
Identify Potential Trading Opportunities: The Home Depot (HD) Stocks Elliott Wave Technical Analysis

Identify Potential Trading Opportunities: The Home Depot (HD) Stocks Elliott Wave Technical Analysis

Our comprehensive Elliott Wave analysis of The Home Depot, Inc. (HD) delves into HD's stock pric...

Read More >
Elliott Wave Analysis: SP500, NASDAQ, DAX & More | Expert Trade Setups by Peter Mathers

Elliott Wave Analysis: SP500, NASDAQ, DAX & More | Expert Trade Setups by Peter Mathers

In this Elliott Wave analysis, Peter Mathers from TradingLounge™ examines the current "Risk On...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on