SamSuka
The Long Investor
The Long Investor

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$AMZN TOP 20

$AMZN made a higher high today and another ATH. It finished exactly at $200.00.

This is not a support/resistance line, it is simply a psychological level that is even and the market in its simplest form is attracted to round numbers like this.....similarly back when the Mega Caps were holding support at $100 in early 2023, it was an important level to hold and regain.

I believe $AMZN will have no issue moving higher to at least $210 in this bull market and it is not outside the realms of possibilities to hit the 2 Fib at $232 next.

$AMZN TOP 20

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