$AMZN TOP 20
Added 2024-08-07 12:44:29 +0000 UTCI added $AMZN yesterday at $160 and in the last update I said this was high on my priority and that Wave A had every reason to be complete now, after losing the 200 Day MA and holding support on the 0.38 Fib at $155, after dropping in between the 0.38 Fib and 0.5 Fib.
It has bounced well so far and the next test should be at the 200 Day MA, which I highlighted yesterday at $168.
Wave B can drift up slow for the next few months so lets not expect everything to happen within one week now.
Any rejection at the 50 Day MA or the $188 level and I will trim again to wait for Wave C to complete.
So far we have been catching the movements for $AMZN superably and saving and making gains from this.
