On June 20, 2018 AMZN made a high that wasn't fully regained until July 12th, becoming gained support.
It then began it's massive leg up to 2050 peak on Sept 4th 2018.
As we now retrace that entire leg, the following long opportunities await:
Targets:
Aggressive - 1850 level
Mid - 1818 level
Conservative - 1720 level
It then began it's massive leg up to 2050 peak on Sept 4th 2018.
As we now retrace that entire leg, the following long opportunities await:
- Aggressive long entry at the test of the 1725 support level
- Conservatives might prefer a long entry at a test of 1658 support level
Targets:
Aggressive - 1850 level
Mid - 1818 level
Conservative - 1720 level