TRADING TIPS

AMZN Next Targets

Hubert Senters here. Let’s take a look at Amazon. Symbol is AMZN. We’re trying to figure out where this bad boy is going to go. Obviously, it’s higher. We’re just going to use our Fibonacci price extension on TradeStation. Pretty simple. Not too hard to use at all. It may go past it so it may get creative. Point one draw here where I’m at right now. Dragging it up here to there and then drop it right there. So you know, we’re going to shape here. So from point one to point two so that’s my low, that’s my high. That’s my high and low right there. It’s hit its target of $1,971. Next Target is going to be $2,042, $2,113 and then $2,157 on Amazon. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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