The Long Investor
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$AMZN TOP 20
🕑 Added 2025-04-21 16:20:28 +0000 UTCVery little has changed to the plan here over the last 2 weeks.
The pull back has been strong but there is very little downside left in this potential Wave A I believe.
I think Wave A can complete between the 200 WMA at $152 and the 0.5 Fib at $161 and then Wave B is next.
I DO NOT THINK WAVE B IS COMPLETE.
The bounce this month was too short and fast for me to consider Wave B is complete
But if you are uneasy about this, accumulating under the 200 WMA is still a sensible approach.
I will taking advantage of $AMZN under the 200 WMA either way.
Comments
Kal
So is captain saying between 153 and 161 is his buy zone?
ok
The 200 WMA on the weekly time frame which Cap is referencing is ~153
Kal
What’s the moving average for Amazon?
