SamSuka
The Long Investor
The Long Investor

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$AMZN TOP 20

We entered $AMZN at $160 this week and so far it has bounced, we have been watching this closely as the price drifts up to its 200 Day MA at $169.

This will be an important level to test, a break and hold above and we can confirm that Wave A is complete and we are in Wave B, a rejection at $169 and Wave A still has one more leg down, back to $155 at least.

Whatever happens, $141 on the 0.618 Fib will be my next Buy level.

$AMZN TOP 20

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