The Long Investor
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$AMZN TOP 20
🕑 Added 2025-03-23 18:53:03 +0000 UTCThis is still my favourite Mega Cap right now:
Still holding above the blue support line
Can still retest the 200 Day MA from below and flip this level to support at $200 and move higher
RSI and MACD are showing bullish signals
Still the strongest Mega Cap in terms of fundamentals and growth
I believe +10% is on the table here at the very least.
Downside risk is to $181 to test the 0.38 Fib for Wave A....a test here and I would expect a Wave B bounce next to $215
Comments
Huat
The price currently can be either wave a or going to wave 5 depending on the rejection of 200 ma?
Labo
Picked up a full position in Amazon last week, ~ 193. feels good already ..
