DoujinStars
The Long Investor
The Long Investor

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$AMZN TOP 20

$AMZN fell as low as $184, with the $181 level being the standard Wave A support level to complete at.

We are now back above the blue line and the market appears to be reacting positively now

We will see whether or not this is the market already factoring in Trumps announcement tomorrow

But as a precaution we could treat this bounce as a Wave B bounce and I have added in the amber fibs levels to reflect this.

As I said at the weekend, Wave B could go back to $220, so I will be watching for the amber range between $213 - $220 for a potential rejection of Wave B.

If there is a rejection here then I will be trimming my position, up to 50%.

$AMZN TOP 20

Comments

Thank you Ser!

crypto baba

Correct

Gareth Neary

Similarly, can $GOOG go back to $200 in this Wave B?

crypto baba

I am ready to capitalize on (C) price range target

Daniel


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