Highlighted during the week that it was in a good position to bounce and move higher and I put out a recommendation that if you were to add a Mega Cap this week, $AMZN had the best set up. Price action has jumped 5% since this highlight and looks in a good position to keep moving higher and test its previous high at $191.70 over the next few weeks.
Wave 5 remains at $210 to complete if there is not a rejection at the top again at $191.
I am still holding 50% of my $AMZN position and it is a core stock that will not be sold, it will only be added to when Wave C completes.