Market-Right-Side

Should You Buy AMZN Now??

NASDAQ:AMZN   Amazon.com
Technical Analysis:

- AMZN is still doing a WXY medium term correction in blue
- In the short term AMZN is finishing wave ((3)) in black of ((5)) waves to complete wave (X) in blue
- We expect that the correction will be finished at around
70 when wave ((II)) in black is also completed
- H1 and H4 right side is up


Technical Information:

- Don't buy AMZN now
- If you're either a swing or position trader, you can buy when the correction WXY is completed around 70
Comment:
- AMZN still continues to follow our forecasts
- For any structural changes in the price action we can update the forecast chart
Comment:

- AMZN still continues to follow all our last forecasts
Comment:

- You see AMZN still continues to follow all of our last forecasts
- We expect that wave ((II)) in black will be completed around at 95
Comment:

- AMZN still continues to follow our previous forecasts
- We expect that wave ((II)) in black will be completed around at 95
- You can buy AMZN in wave ((4)) in black as a swing trader but we need more data to analysis
Comment:

- AMZN still continues to follow our previous forecasts
- We expect that wave ((II)) in black will be completed around at 95
- You can buy AMZN in wave ((4)) in black as a swing trader but we need more data to analysis
- H1 right side is turning down
- H4 right side is turning up
Comment:

- AMZN still continues to follow our previous forecasts
- We expect that wave ((II)) in black will be completed around at 90
- You can buy AMZN in wave ((4)) in black as a swing trader but we need more data to analysis
- H1 & H4 right side is up
Comment:

- AMZN still continues to follow our previous forecasts
- Wave ((3)) is complete and wave ((4)) is about to be completed
- H1 and H4 right side is up
- A short term buy can be happened once Wave((4)) in black is completed.
Comment:

- AMZN still continues to follow our last forecasts but the correction now in wave II in red must be more shorter to around 125
- H1 and H4 right side is down and turning down respectively
Comment:

- H1 right side up
- H4 right side turning up
Comment:

- H1 right side is turning down
- H4 right side is turning down

✅ For 3 day trial - app.marketrightside.com/signup?mode=trial
✅ Become An Affiliate - marketrightside.com/affiliate
✅ Join to get timely market right side, bear/bull structures and live trading signals of 80+ instruments
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.