SamSuka
The Long Investor
The Long Investor

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$AMZN TOP 20

The retest now of the Bezos line has been beautiful and I am very glad that we stuck with this and did not panic just because the $200 line was not held 2 weeks ago, this is why you need to give the price action time to fight and recapture a support line

A loss of a line does not mean a reversal, a rejection trying to recapture that line from below would be a bearish indication and a sign of a reversal to the downside.

$AMZN has also cut through the $220 level with ease

I have noted $234 and $245 as my bullish targets in this clear melt up move.

$AMZN TOP 20

Comments

I will be adding aggressively at or below $150

Gareth Neary

When and if it gets there you will be reluctant to add …

DC

Imagine being able to buy $amzn below $150... sounds too good to be true.

Dipen Patel


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