This is a swing trade setup for Amazon (AMZN) for Nov 17, 2015. Potential move on this pattern is as much as 25%(!) in a 1.618 golden ratio Wave 3. 30 Day 1 Minute Chart.
Best case scenario: Wave 1 was 552 to 676 or about 123 points, W2 was the drop from 676 to 624, and it’s entered a potential Wave 3. Highest target could be as high as 770 or around 1.618 X W1 if it can break through
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