$AMZN is in the Wave 5 Melt Up scenario and we can narrow in on the PT's now that we can rule out an ABC correction.
1.618 Fib is at $220 and the 2 Fib is at $245.....an extreme euphoria PT has the 2.618 Fib at $284.
The $245 level aligns with a lot of the Streets PT for $AMZN so we are happy with this too.
$AMZN and $HIMS are my two largest positions and both holding up very well today, the best course now is to leave them alone and let them run.
Alain
2024-11-14 01:21:08 +0000 UTC