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.
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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📊 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
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。