Stockthunder

5 Correction Wave and ABC Count

Short
NASDAQ:AMZN   Amazon.com
AMZN didn't make well, 2 quarters in a loss for 124 P.E company obviously not good. But it had to done ABC impulse before next leg down. Last Thursday Amazon hit 1.618 fib. and started 5th (last correction) wave.
Before November I believe AMZN will complete correction phase around 72-75

Trade Safe,

Have a good weekend folks.

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