The Long Investor
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$AMZN TOP 20
🕑 Added 2025-04-29 14:17:05 +0000 UTCIn spite of the political backlash today after $AMZNs decision to share the tariff impact on each Buy order on their site, $AMZN will still report their earnings on Thursday and I still expect a move higher to the 50 WMA next for a test at $197.
The amber 0.618 Fib is at $211 and a test of this level would not be out of the ordinary too.
That being said, it would be difficult for $AMZN to ignore the clear concerns coming from reports of cargo ships with -40% less cargo from China to the US right now.
This must be addressed.
