I posted this trade setup, but it's not coming down to entry price and gone straight up and again consolidated. It's very obvious that its make a new high with earning data. If entry taken then stay & if not then do nothing with now.
AMZN (US) seems in final move up of 3rd wave. It looks in internal wave 5 of wave 3 up. Buy for one more up move at 2310-40 with stop loss of 2278 with target zone above 2470, where wave 3 up will be finished. Also it’s all time high stock within this crisis of Corona.
AMZN (US) seems in final move up of 3rd wave. It looks in internal wave 5 of wave 3 up. Buy for one more up move at 2310-40 with stop loss of 2278 with target zone above 2470, where wave 3 up will be finished. Also it’s all time high stock within this crisis of Corona.
Trade closed: target reached:
It just made partially new high.
Comment:
Its just completed 3rd wave top as double top and now 5th wave is running up in extension.