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

Silver XAGUSD Commodity Elliott Wave Technical Analysis: Covering various aspects of Silver Market

Silver XAGUSD Commodity Elliott Wave Technical Analysis: Covering various aspects of Silver Market

This detailed analysis provides an in-depth look at the silver market, employing Elliott Wave theory...

Read More >
Grayscale Ethereum Trust ETF – ETHE U.S ETF Elliott Wave Technical Analysis Shows Bearish Wave (v) Setup Ahead

Grayscale Ethereum Trust ETF – ETHE U.S ETF Elliott Wave Technical Analysis Shows Bearish Wave (v) Setup Ahead

ETHE enters wave (iv) correction with a potential $5 drop ahead. Elliott Wave count remains valid be...

Read More >
Sun Pharmaceutical Stock Analysis Using Elliott Wave: Bullish Trend, Trading Strategy, Price Target & Market Forecast

Sun Pharmaceutical Stock Analysis Using Elliott Wave: Bullish Trend, Trading Strategy, Price Target & Market Forecast

This Elliott Wave technical analysis of Sun Pharmaceutical highlights the current impulsive wave str...

Read More >
Theta Token (THETAUSD) Wave 4 Consolidation Near Fibonacci Support Points to Wave 5 Breakout Opportunity in Bullish Elliott Wave Setup

Theta Token (THETAUSD) Wave 4 Consolidation Near Fibonacci Support Points to Wave 5 Breakout Opportunity in Bullish Elliott Wave Setup

Theta Token (THETAUSD) is consolidating in wave 4 within a bullish Elliott Wave structure. A breakou...

Read More >
Hang Seng Index Elliott Wave Technical Analysis Bullish Trend: Orange Wave 1 Unfolds with Invalidation Level 19215 for Trade Setup

Hang Seng Index Elliott Wave Technical Analysis Bullish Trend: Orange Wave 1 Unfolds with Invalidation Level 19215 for Trade Setup

Daily and weekly Elliott Wave analysis highlight a bullish trend in the Hang Seng Index. The impulsi...

Read More >
Euro/British Pound (EURGBP) Elliott Wave Forecast Shows Corrective Wave 2 Ending Soon, Prepping Market for Bearish Wave 3

Euro/British Pound (EURGBP) Elliott Wave Forecast Shows Corrective Wave 2 Ending Soon, Prepping Market for Bearish Wave 3

EURGBP is in a corrective phase within a larger bearish structure. Orange wave 2 retracement may soo...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

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

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

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

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • 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