The Long Investor
patreon
$AMZN TOP 20
🕑 Added 2025-05-11 17:43:24 +0000 UTC$AMZN's chart has been moving stronger than other Mega Caps right now and the price was able to hold above the blue line at $188 to finish the week off at $193, which is just slightly below the 200 WMA at $197.
I believe the price will continue to drift up to this MA and even go beyond to the amber fib levels where I have set the Wave B target at $202 - $211.
I have a position and will hold on to this until I see any rejection, no rejection and I continue to hold back up to the ATH level again at $242.
We are in a good position here to do very little.
Comments
GrandpaJoker
Thank you for the update. I'm waiting for wave C but I'm interested under $165 in general. This stock is generational.
Willy G
I want more 👹
