Amazon.comLong
amzn
The current AMZN structure shows the formation of a bullish impulse consisting of primary sub-waves ①-②-③-④-⑤.
The first four waves are fully complete. The final wave ⑤ is an intermediate degree impulse.
In the medium term, a move in the intermediate sub-waves (3)-(4)-(5) to 3892.12 is likely.
At that level, wave ⑤ will be at 61.8% of the primary impulse wave ③.
The first four waves are fully complete. The final wave ⑤ is an intermediate degree impulse.
In the medium term, a move in the intermediate sub-waves (3)-(4)-(5) to 3892.12 is likely.
At that level, wave ⑤ will be at 61.8% of the primary impulse wave ③.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.