Analyticssage

Amazon, Elliot wave bearish scenario, 1h chart 22.07.2020

Short
NASDAQ:AMZN   AMAZON COM INC
wait for the confirmation if you want to short it

Comments

shorting amazon before earnings... i guess if you like throwing money away, go for it
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Analyticssage BoomerBob88
@BoomerBob88, It is just a chart analysis, you only short when you reach the confirmation level, I am just a chart analysis. never follow news
Reply
BoomerBob88 Analyticssage
@Analyticssage, i am balls deep in amazon, as a chart analysist would you pull out o amazon? i have it as like 33% of my port, thanks for the info and sorry i was being a jerk
Reply
Analyticssage BoomerBob88
@BoomerBob88, i have reason for not buying it , I don't say short immediately but The market has reached all the targets in terms of Elliot wave theory, wave 5 might get extended , who nows. bit If i want to buy amazon I will wait for a pullback. if you have long position just place your stop loss at the low level of each day candelstick
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