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wolfstreetswinger
Mar 8, 2017 1:48 PM

amzn - classic elliot wave triangle  Long

Amazon.com, Inc.NASDAQ

Description

So i have had my eye on amazon which has been consolidating very nicely creating an almost perfect elliot wave triangle with 33333 formation we are now in the last 3 formation move d-e and could be ready to break i have took a long position here as these triangles can gap up also secured myself by edging in a short position below A in case happens to break lower. good luck

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1hr view

Comment

Great progress moving very nice with consumers also making new highs

Trade closed: target reached

smashed it
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