The Long Investor
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$AMZN TOP 20
🕑 Added 2025-02-09 17:44:30 +0000 UTCStill looking for support since reporting its earnings after the close on Thursday, overall the report was very strong but there was one blemish on their Q1 outlook due to wild swings in FX due to trade tariffs.....this is a short term issue and presenting an opportunity
We can also see clearly on the chart what this opportunity is:
A retest of the 50 Day MA aligning with the 0.618 Fib at $225
I would be looking for a test of support here and holding, or at the very least the channel breakout level at $223
A hold here and $AMZN goes higher....consensus PT 's post earnings were $260+.
Comments
AS
At what level would you add more?
