$AMZN TOP 20
Added 2024-09-01 18:04:21 +0000 UTC$AMZN finished strong on Friday up 3.7% and finished a good month for us at $178, having trimmed at $187 in July and rebought again at $160.
We are catching either a bounce for Wave B or the Melt Up Scenario and will stick with $AMZN until we see any form of rejection, paying particular attention to the 50 Day MA at $182, the blue line at $188 and the Bezos Sell line at $200
No need to do anything right now until we get a rejection, which is why we had no issue sticking with $AMZN this week when it pulled back only to the 0.38 Fib.
If we get a Melt Up, great, we hold and trim when it goes parabolic....a rejection shortly and we will trim profits again and add below $141, straight forward plan here.
