Shares of Amazon.com Inc., the leader in e-commerce, are trading at 270.00.

The probability of growth remains.

On the daily chart, the ascending wave C of the senior degree is developing, which includes wave (3) of C. On the four-hour time interval, the first wave of the lower degree (1) of (3) has emerged, the correction as wave (2) of (3) has been completed, and wave (3) of (3) is now developing, within which wave i of (3) is currently unfolding. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 320.00–350.00 zone, with a critical stop-loss level at 245.30.