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

Bitcoin Crypto Price News Today Elliott Wave Technical Analysis: Analysis predicts potential price movements

Bitcoin Crypto Price News Today Elliott Wave Technical Analysis: Analysis predicts potential price movements

This article provides a detailed Elliott Wave analysis of Bitcoin (BTCUSD) as of May 9, 2024. It cov...

Read More >
RIO Tinto Limited Elliott Wave analysis: ASX RIO Stock Movements by Evaluating Wave Structures and Price Action

RIO Tinto Limited Elliott Wave analysis: ASX RIO Stock Movements by Evaluating Wave Structures and Price Action

Our latest Elliott Wave analysis on ASX: RIO Tinto (RIO) reveals a bullish outlook, with the stock d...

Read More >
Elliott Wave XLE SPDR Energy Select Sector ETF Analysis Reveals Bullish Energy ETF Forecast and Key Trading Strategy for 2025 Investors

Elliott Wave XLE SPDR Energy Select Sector ETF Analysis Reveals Bullish Energy ETF Forecast and Key Trading Strategy for 2025 Investors

This technical overview of XLE applies Elliott Wave analysis to project upcoming movements in the SP...

Read More >
CAC 40 (France) Elliott Wave Technical Analysis - Market Trends, Price Predictions & Trading Strategies Based on Elliott Wave Theory

CAC 40 (France) Elliott Wave Technical Analysis - Market Trends, Price Predictions & Trading Strategies Based on Elliott Wave Theory

The CAC 40 Elliott Wave Analysis provides a detailed outlook on the French stock market trends based...

Read More >
Promising trends according to Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis

Promising trends according to Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis

Ethereum's performance against the U.S. dollar (ETHUSD) is analyzed through Elliott Wave analysi...

Read More >
TXN Elliott Wave Technical Analysis: Understanding Texas Instruments Inc. Stock Trends and Chart Analysis

TXN Elliott Wave Technical Analysis: Understanding Texas Instruments Inc. Stock Trends and Chart Analysis

Dive into comprehensive TXN Elliott Wave analysis to uncover trends, forecasts, and trading strategi...

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