TECH Buy 02.07.2026 07:14
Amazon.com Inc.: wave analysis
The probability of growth remains.
On the daily timeframe, the ascending third wave of higher degree (3) of C is developing, within which the first wave of lower degree 1 of (3) has formed; the corrective phase as wave 2 of (3) has ended, and wave 3 of (3) is now forming. On the four-hour chart, wave i of 3 is developing, while the corrective wave (iv) of i has already formed, and wave (v) of i is also developing. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 295.00–350.00 zone, with a critical stop-loss level at 226.10.
Indicators
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Wait