Elliott Wave View: Amazon (AMZN) Impulsive Move In Progress

by elliottwave-forecast.com | May 20, 2020 4:39 pm
Amazon stock (ticker: AMZN) continues to perform well as the demand of the service surges due to the Covid-19. The pandemic forces people to stay at home and buy a lot of things online, which is precisely...

Elliott Wave View: Amazon (AMZN) Aiming for All-Time High

by elliottwave-forecast.com | April 14, 2020 4:37 pm
Short Term Elliott Wave View suggests rally in Amazon (Ticker: AMZN) from March 26 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 26 low, wave (1) ended at 1993.02 high. The pullback...

Elliott Wave View: Further Upside Expected in Amazon

by elliottwave-forecast.com | February 11, 2020 4:45 pm
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24, 2018 low favoring further upside. In the...

Amazon Soared After Q4 Earnings Beat

by elliottwave-forecast.com | February 6, 2020 4:57 pm
Amazon (ticker: AMZN) recently reported Q4 2019 earnings. The result of $45.7 billion online sales surpassed the Q4 2018 number of $39.8 billion. The company also announced they currently have over 150 million Prime subscribers globally. In...

AMAZON ( $AMZN ) Buying The Dips At Blue Box Area

by elliottwave-forecast.com | January 10, 2020 4:06 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of AMAZON Stock published in members area of the Elliottwave-Forecast.com .  As our members know, we were calling...

Elliott Wave View: Amazon Shares Price Recovers

by elliottwave-forecast.com | October 29, 2019 9:51 pm
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This drop has ended the entire correction which...

Elliott Wave View: Rally in Amazon (AMZN) Can Fail

by elliottwave-forecast.com | October 14, 2019 11:32 am
Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3...

Elliott Wave Analysis: Amazon Rally Should Fail for Yet Another Low

by elliottwave-forecast.com | November 28, 2018 7:37 pm
Short term Elliott Wave View in Amazon (ticker: AMZN) suggests that the bounce to 1784 ended Cycle degree wave x. Cycle degree wave y is currently in progress lower as a double three Elliott Wave structure. Down...

Microsoft Reaching Extreme Area

by elliottwave-forecast.com | August 16, 2017 10:48 am
Microsoft stock (NASDAQ: MSFT) is showing 3 swings from all time lows and approaching the equal legs area ( 75 – 96 ) where a correction can be seen, but the move from 2009 low could still extend...

Walmart Stock Extending Higher

by elliottwave-forecast.com | April 25, 2017 2:22 pm
Walmart (NYSE: WMT) is the world’s largest company by revenue as well as the largest private employer in the world with 2.3 million employees. It’s an American multinational retailing corporation that operates as a chain of hypermarkets, discount...