Primary Scenario
We continue to see AMZN in a broader downtrend. In this context, the stock is likely to move below support at $220.47 in the near term.
Alternative Scenario
At this time, we are not tracking a short-term alternative scenario.
Long-Term Outlook
The ongoing broad correction is likely to bring the stock into our blue Long-Term Entry Range ($159.81–$129.30). After that, we expect another strong—though corrective—move higher before the final sell-off of the larger corrective phase begins. Ultimately, we expect the correction low to fall below our blue Long-Term Entry Range ($159.81–$129.30), but still above support at $81.43.
We continue to see AMZN in a broader downtrend. In this context, the stock is likely to move below support at $220.47 in the near term.
Alternative Scenario
At this time, we are not tracking a short-term alternative scenario.
Long-Term Outlook
The ongoing broad correction is likely to bring the stock into our blue Long-Term Entry Range ($159.81–$129.30). After that, we expect another strong—though corrective—move higher before the final sell-off of the larger corrective phase begins. Ultimately, we expect the correction low to fall below our blue Long-Term Entry Range ($159.81–$129.30), but still above support at $81.43.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.