yuchaosng

AMZN Short: Expects Ending Diagonal

Short
BATS:AMZN   Amazon.com
This analysis is based on the expectation that AMZN's last wave is an ending diagonal.

This analysis will not invalidated if price moved above 187.24 because currently wave 3 is the shorter than wave 1 and thus wave 5 cannot be longer than wave 3 (see green Fibonacci).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.