TECH Buy 11.04.2024 08:37
Amazon.com Inc.: wave analysis
Growth is possible.
On the daily chart, the wave C of the higher level develops, within which the third wave (3) of C forms. Now, the third wave of the lower level 3 of (3) is developing. If the assumption is correct, the asset will grow to the area of 195.00–210.00. In this scenario, critical stop loss level is 170.40.
Indicators
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait