The very first day AMZN trade $675 I posted and tweeted that “enough was enough” that a midway projection had been met. The name hung up there for a while but look where were are today. IF I have this wave count correct this should ultimately prove out to be a massive courtesy dip. The thought of selling puts comes to mind given the big jump in volatility.
Amazon below $550 IS ENOUGH ENOUGH
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That’s the smart thkniing we could all benefit from.