The Long Investor
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$AMZN TOP 20
🕑 Added 2025-03-02 18:22:00 +0000 UTCArguably one of the strongest companies in the world now, with the highest Revenue, impressive growth and strong moat and the share price is only +10% on its price in late 2021.
This is why I like $AMZN so much as a value play because I believe it is still undervalued and I will bite the hand off $AMZN when it completes its ABC correction....the 200 WMA at $152 in between the 0.5 - 0.618 Fib range is irresistible too.
For now I am holding and if the market melts up, I do not see how $AMZN does not lead the pack back up to $244.
Comments
PEZ
Yes π
redget
before ABC correction, could we see a test of 200 day MA since it perfectly aligns with 200$ where buffet sold but returned to support level after a long consolidation.
