Strike Analytics

Amazon

21 Jan 202105:17 PM

Amazon - should have completed the triangle in Dec, or so I thought in my last post. Now it looks like the triangle only completed a few days ago after testing the lower trendline of the triangle one final time in wave e of 4. Wave 5 up starts and confirms on a breakout above 3300 on a closing basis, that is above the triangle's upper line. Then it's open to moving toward the top end of the larger channel for the structure. This is a textbook triangle, it could not get better than this.

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