Amazon Trading Analysis (08/10/2024)
The trend is ascending. The stock is trading in a range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the formation of the ascending wave structure, when wave …