deltafox

AMZN - Possible price targets

NASDAQ:AMZN   AMAZON.COM, INC. - COMMON STOCK
Cult stock. Like the other big names.

Core channel remains intact since '14 with all pullbacks being bought it seems. That said, currently mid way through my running 2007 time cycle and 3/4s through the running 2008 cycle with only a couple of months left until the next major inflection period (31st July-ish). Price tag of ~$1,000 seems possible on this beast in the short term and no doubt a cult round number target (bet the media will be all over this if/when it happens).

Lots of confluence also at the $1,080-$1,100 region with multiple reference ranges hitting there along with key fib.

Going to be an interesting summer...
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