Member Request: A Quick Look at $AMZN and $TSLA

A member has requested a look at $AMZN and $TSLA.

I think that Amazon, like so many instruments, has been in a triangle of its own. In its case, this latest structure counts well as 3-wave A-B-C (in blue), which may be the final 3-wave structure of the triangle as a whole. If that’s so, I would expect it to begin to rally.

AMZN

Tesla is very difficult. One way to do it that would match the US indices is to interpret it as being in a triangle as well, in which case it may rally some, then pullback, then rally infinitely (on the basis that my dot-com fractal repeat thought turns out to be true).

TSLA


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