AmazeOptions

AmazeOptions

MCD chart shows the stock is still bullish. Prices are moving within the uptrend channel and will continue its uptrend movement after hit support at the lower support of uptrend channel line. On Elliott wave counts, the price is forming into wave (5) (smaller degree) of wave iii (bigger degree). Suggest to long the stock.

AmazeOptions

BABA is bullish. The price is moving within uptrend channel. Based on Elliott wave analysis, the chart shows BABA is now in its final wave up to complete its smaller degree wave 3 of BIG Degree of wave 5. The target to end the wave 3 is at ballpark of USD340.

AmazeOptions

AMZN is moving sideway within predicted consolidated triangle pattern. Based on Elliott wave analysis, it is predicted to move up in 5 wave up of smaller degree in near term to complete its wave structure 5-3-5 to touch the triangle upper symmetrical triangle trend line before retrace for further consolidation.