Amazon monthly ElliotWave count, 4666$ the target Long

Amazon.com, Inc.NASDAQ

Description

⋅ Aug 2, 2020 7:57 AM

Hi all
I am still so bearish on amazon in short term but it long term I believe it can climb all the to the 4666$ level
my predication is based on Elliotwave, fibo ratios and reverse RSI method

Do NOT buy it now and wait for the pullback

Comment

⋅ Aug 2, 2020 8:01 AM

this is my weekly chart count

Comments

THeLIStR

⋅ Aug 3, 2020 10:09 AM

1550? Are you high? lol Even the pandemic crash coulnd't push it that low.

Analyticssage

⋅ Aug 3, 2020 10:11 AM

@469aecafec0e4a18b05047810cdfb1, It is monthly chart :) so this should happen couple of years :)

THeLIStR

⋅ Aug 3, 2020 10:14 AM

@Analyticssage, That would make much more sense.

Analyticssage

⋅ Aug 3, 2020 10:36 AM

@469aecafec0e4a18b05047810cdfb1, It is not my personal opinion, it is based on textbook and theory.