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TizTrader
Jul 10, 2021 8:40 AM

AMAZON - MY FORECAST 

Amazon.com, Inc.NASDAQ

Description

After an ABC correction Amazon finished wave 2 at the 61.8 retracement. Amazon broke the wave 1 high and confirmed further bullish price action:

Minimum target for this impulse is around 3800. Main target between 161.8% & 176% extension. From there i expect a corrective movement (wave 4) before we can aim for prices above 4000!
Comments
jaybrowndc
Of*
jaybrowndc
The week if July 12
jaybrowndc
Hello, do you think AMZN will be bullish this week? 3800?
TizTrader
@jaybrowndc, yes - 3800 is possible
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