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

USDCAD Forex Elliott Wave Technical Analysis: In-Depth Insights on U.S. Dollar to Canadian Dollar Trends Currency Pair

USDCAD Forex Elliott Wave Technical Analysis: In-Depth Insights on U.S. Dollar to Canadian Dollar Trends Currency Pair

Gain insights into the USDCAD Elliott Wave analysis with a focus on a bullish trend and impulsive wa...

Read More >
Analog Devices Inc.(ADI) Stocks Elliott Wave Technical Analysis: Focusing on the daily and 4-hour charts.

Analog Devices Inc.(ADI) Stocks Elliott Wave Technical Analysis: Focusing on the daily and 4-hour charts.

This article provides an in-depth Elliott Wave analysis of Analog Devices Inc. (ADI), focusing on th...

Read More >
Invest in Hang Seng Stocks, Explore the Best Options, and Stay Informed: Hang Seng Index Elliott Wave Technical Analysis

Invest in Hang Seng Stocks, Explore the Best Options, and Stay Informed: Hang Seng Index Elliott Wave Technical Analysis

The Hang Seng Index is a pivotal focus for investors seeking to navigate the complexities of the Hon...

Read More >
Highlights Significant Price Targets In the Upcoming Waves: Silver (XAGUSD) Commodity Elliott Wave Technical Analysis

Highlights Significant Price Targets In the Upcoming Waves: Silver (XAGUSD) Commodity Elliott Wave Technical Analysis

Our detailed silver market analysis utilizes Elliott Wave theory to forecast potential price movemen...

Read More >
Market Update: Preparing for the Next Trade Setup

Market Update: Preparing for the Next Trade Setup

Most stocks are approaching the final stages of their Impulse, currently in Wave iv) within Wave 1. ...

Read More >
Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 29 January 24

Bitcoin/U.S. dollar(BTCUSD) Elliott Wave Technical Analysis 29 January 24

Bitcoin and U.S. dollar(BTCUSD) Elliott Wave Technical Analysis dated 29 January 24, Day and 4-hour ...

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