The Long Investor
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$AMZN TOP 20
🕑 Added 2025-03-14 11:45:14 +0000 UTC$AMZN is an important barometer of the market for me, since it is a strong company, with impressive growth, if there is a rejection at the 200 Day MA now at $200 then I believe many companies will follow the same direction
$AMZN did test its 200 Day MA yesterday and so far met resistance, a lower low has not been made yet however so it is not a rejection.
PM is showing some green so we could get a second test of the 200 Day MA today too
If $AMZN can convert $200 to support then I believe this is a good signal for the market that it can test its own 200 Day MA next.
