1 Fib time zones suggests we should have a major top right here (right now in the big picture, could be today or in a couple of months)
2 Fib retracement suggests a target on the downside at $260 or $210 ie a .5 or .62 fib retracement
3 Fib speed resistance arc suggests major troubles right ahead in both time and price. Phase transition.
says AMZN has had some very good years since a big triple top break out w rebound but no meaningful correction since then and with a cluster of resistance lines right ahead.
Fundamentally speaking does AMZN make any real profit to speak of?
Really?? Some fundamentalists at Investmentresearchdynamics claim they dont.
You be the judge
Get ready to start shorting. Target to the upside $560 +/- $20 and then down, down, down. But you need a stop loss (after your own preferences) of course. This is not supposed to be a game of russian roulette. Money management is of great essence especially when shortinghttps://www.