Home About the company Daily reviews Amazon.com, Inc. Trading Analysis (29/07/2024)

Amazon.com, Inc. Trading Analysis (29/07/2024)

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward truncated wave structure finished with the breach of the pivot 2 of the wave C. There is a bullish divergence on the Awesome Oscillator. Moving averages of the Stochastic Oscillator are out of the oversold zone.

Amazon.com, Inc. stock price chart

Trading idea:

  • Buy at the breach of 183.85.
  • Stop-loss at 176.80.
  • Price targets at 191.00 and 200.00.


#amazon #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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