Oct. 16 at 2:13 AM
$AMZD: As long as the higher high and higher low price structure remains intact, the trend for this rebound remains bullish. Currently, we can categorize it as an ABC pattern, with wave C already in progress. If we calculate the target range for wave C using the 1x1, 1.618, and 2 extensions, the estimated target range would be between 11.30 and 12.22. Notice that the 0.382 retracement from the high in April is at 12.