$AMZN TOP 20
Added 2025-03-16 19:56:12 +0000 UTCLooking like a lot of the Mega Caps right now and the market.
Still needs to flip its 200 Day MA back to support here to reduce the risk and keep the Melt Up scenario still in play.
There have been a number of tests of this level all week which was healthy considering how weak the market was at times.
$AMZN for me is still the strongest Mega Cap right now, so if there is a rejection at its 200 Day MA then I give little hope for the other Mega Caps to recapture their own 200 Day MA's.
If $200 is recaptured then $220 is next for me.
