$AMZN TOP 20
Added 2024-04-14 18:11:58 +0000 UTC$AMZN eventually hit its $188 target this week after an outstanding push from the Bulls. This means that all Mega Caps and the $SPY and $QQQ have all reached new highs over the last 12 months.
Wave 5's commonly finish above their previous high, which is a signature move of an impulse wave....it could have finished lower but this is extremely rare.
Price action managed to finish below the blue line to end the week after a very rocky start to the earnings season with $JPM down over -6%
But also, Friday was full of speculation that Iran would strike Israel over the weekend and they did....so the market anticipated this.
All eyes will be on how the market starts in the PM tomorrow.
For now, there is no break down just yet, just holding below the blue line.
