Arguably one of the strongest companies in the world now, with the highest Revenue, impressive growth and strong moat and the share price is only +10% on its price in late 2021.
This is why I like $AMZN so much as a value play because I believe it is still undervalued and I will bite the hand off $AMZN when it completes its ABC correction....the 200 WMA at $152 in between the 0.5 - 0.618 Fib range is irresistible too.
For now I am holding and if the market melts up, I do not see how $AMZN does not lead the pack back up to $244.
PEZ
2025-03-04 15:18:24 +0000 UTCredget
2025-03-03 04:13:30 +0000 UTC