$AMZN TOP 20
Added 2025-02-07 11:19:34 +0000 UTC$AMZN reported a strong earnings and although they guided slightly down for Q1 due to unusual FX charges, the earnings report was strong....with some analysts increasing their PT's again from $265 - $280.....which would align with the 2.618 Fib at $283 on the chart.
I have zero concerns about this set up right now and a retest of the breakout level, the 0.618 Fib or the 50 Day MA has not been needed so far post earnings....meaning buyers are present.
I think $244 is tested and flipping this level to support and we have a strong move higher next.
