$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
So is captain saying between 153 and 161 is his buy zone?
Kal
2025-04-22 22:36:46 +0000 UTCThe 200 WMA on the weekly time frame which Cap is referencing is ~153
ok
2025-04-22 06:42:54 +0000 UTCWhat’s the moving average for Amazon?
Kal
2025-04-22 03:05:32 +0000 UTC
