off of the july 06 lows amazon has done a wave 1 and wave 3 up
it is now doing a wave 4 down. it went down to 80 today and rebounded
i think it will go below 80 again which imho is a good buy point
the stock should go to new highs imho in a wave 5
trade at your own risk
g
amzn
Started by
gannman
, Jan 09 2008 05:53 PM
1 reply to this topic
#1
gannman
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Posted 09 January 2008 - 05:53 PM
feeling mellow with the yellow metal
#2
gannman
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- Traders-Talk User
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Posted 09 January 2008 - 06:45 PM
the .382 retrace on amzn is about 72 to 73 area on the stock fwiwoff of the july 06 lows amazon has done a wave 1 and wave 3 up
it is now doing a wave 4 down. it went down to 80 today and rebounded
i think it will go below 80 again which imho is a good buy point
the stock should go to new highs imho in a wave 5
trade at your own risk
g
feeling mellow with the yellow metal
