$AMZN TOP 20
Added 2024-10-22 16:34:04 +0000 UTC$AMZN looks like it is moving sideways here under the $189 level but we can see clearly that there has been a retest of the wedge breakout level this week and a bounce
We can also see that the price action has been using the 200 MA on the 1hr chart since August 9th for support, another bullish signal.
I believe $AMZN can break above the $189 level and hold but there is still 9 days until they release their earnings.....I suspect the breakout will likely come before this, with this current set up and a move up to $200 next.
