$AMZN TOP 20
Added 2024-09-14 11:32:41 +0000 UTC$AMZN made its way back up to its $188 level, a few days before the Fed make their announcement to Rate Cut on the 17th - 18th, likely the Weds the 18th.
No need to do anything right now, the price kissed the $188 level and stopped here, finishing the week at $186, all round a very bullish week for the market and the Mega Caps.
I am holding my position with no intention to sell unless we see a clear rejection and losing the 50 Day MA which is below $180
We added at $160 to either catch Wave B or a market melt up, so far we have achieved the Wave B bounce, so already it's been a great success, so now let the market decide which way this will go...if we get a melt up, even to the $200 level, we will make another 7-8%....above this is exponential gains.
Comments
No it doesn't, Wave B can still go to its previous ATH at $200, in some cases even going slightly above would still have Wave C valid.
Gareth Neary
2024-09-15 12:59:03 +0000 UTCGood question
DC
2024-09-15 12:44:00 +0000 UTCIf it breaks to 200 does it invalidate the wave down to C?
AL
2024-09-14 11:55:40 +0000 UTC
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