$AMZN finished the week exactly at $188.99 which is always funny to see as the bulls and bears are making a statement that the fight to take this important level is still on.
We know a hold above $189 and $AMZN can move higher to the $200 level and I am leaning on the side of this happening, more so than breaking down
Especially since the price has broken above the bullish wedge and I expect them to beat on earnings too on the 31st of October.
Losing the 50 or 200 Day MA will be a trigger for me to trim but we are not in that position right now.
Let's keep with this.