$AMZN TOP 20
Added 2025-04-13 17:56:45 +0000 UTCBack in August we bought at $160 and waited for a retest of the blue resistance line at $188 before considering selling as this was a potential Wave B, price experienced a little bit of resistance but the higher low was bought up quickly and the price ran from $160 to $242 by December, giving us a +50% gain.
Over the last 10 days we have done that same thing again
We bought with an average of $165 for a potential Wave B and will see if the price rejects in the Wave B range and the 50 WMA at $198.
If there is no rejection we hold, very simple.
No rejection in the Wave B range and we can expect a retest of the ATH level again at $242.
Meaning our buys since August would be master stroke.
This is known as the sweet spot....where regardless of whether we were in a Wave A or Wave 4, the price had to bounce next, price already hit $185 this week and the RSI on the weekly is at 30....so a lot of room to go to the upside.
Comments
I think we went as high as $191 this week
Zachary Alpirn
2025-04-14 01:55:09 +0000 UTCIn spite of the Buy and Sell chat group......I think i was quite specific with $AMZN and in my description above.
Gareth Neary
2025-04-13 18:16:56 +0000 UTCThank you
BA
2025-04-13 18:07:14 +0000 UTCThank you
BA
2025-04-13 18:07:05 +0000 UTCCap tells us in the buy and sell chat when he makes a move. It’s up to you if you want to do the same
Lewis
2025-04-13 18:01:20 +0000 UTCDo you give specific buy and sells or just vague descriptions of which wave you think we are on and leave it to us?
BA
2025-04-13 17:58:27 +0000 UTC
