I never buy at the bottom and I always sell too soon." -Baron Rothschild
Can you see it? Cup and Handle definition according to Investopedia: www.investopedia.com More pictures of Cup and Handles: www.google.se
Three times Fibonacci and one time Elliott suggest Amazon is done. Stick a fork in it :-) 1 Fib time zones suggests we should have a major top right here (right now in the big picture, could be today or in a couple of months) 2 Fib retracement suggests a target on the downside at $260 or $210 ie a .5 or .62 fib retracement 3 Fib speed resistance arc...
Potentially a "terminal impuls". For reference google NEOWAVE
trying to find a bottom in one of the possibly must unloved shares there is. Contrarian play at the extreme?
Can anything get more contrarian than this? ANR Alpha Nat Resorces today. Nobody likes me buhu. Technically speaking I have drawn Andrew's Pithfork against an imaginary point to get the formation and that´s it!