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
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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.