Broom

AMZN due for short term correction

NASDAQ:AMZN   AMAZON COM INC
From April 18th 2018 to today Aug 25 2018, the AMZN price has increased 41.1% in just 133 days, for roughly a 112% annualized return. This run is due for atleast a correction to the .382 or maybe even the 61.8. My gut tells me only the .382 since it looks like it has plenty of momentum behind it.
Comment: target 1 & 2 hit

Comments

its breaking up man not down, come on
Reply
Broom TomPower
@TomPower, first trend line broken... wasn't much of a break up.
'
+1 Reply
@Broom, Dude you are the man, didn't believe it would do this, wow, respect is deserved here!
Reply
Broom TomPower
@TomPower, thank you
Reply
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