Elliot Wave Count for AMZN
AMZN bounced from the 0.5 fib level today. Based on Elliot Wave analysis, AMZN could move to mid 1500 to complete wave 3 of the most recent bull run, pull back slightly and move higher to mid 1600 to complete wave 5 and meet a potential trendline resistance. If opening a bullish position, set stop at 1390.
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