TECH Buy 06.11.2025 08:54
Amazon.com Inc.: wave analysis
Growth is possible.
On the daily chart, the upward wave C of the highest level develops, within which the first entry wave (1) of C and the correctional second wave (2) of C ended, and the third wave (3) of C forms. Now, the first entry wave of the lowest level 1 of (3) and the correctional second wave 2 of (3) have ended, and the third wave 3 of (3) is developing. If the assumption is correct, the asset will grow to the area of 270.00–295.00. In this scenario, the critical stop loss level is 232.00.
Indicators
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait