$AMZN TOP 20
Added 2023-12-24 17:36:52 +0000 UTCOne of my best buys of the year was getting $AMZN at $118 on the 26th of October.
For anyone who has been here for most of the year, especially after June, I said I was buying $AMZN regardless of what would happen if it hit $120 or below and after the outstanding earnings report in August, it was looking like this would not be possible.....but we knew that Wave 4 had not come in yet, we waiting patiently.....very patiently.
There was a small window between $120 and the 200 Day MA and when the price hit this confluence level, we bought without any hesitation....the price bounced almost instantly and it was one of our best buys of the year.
I wholeheartedly trusted the process and my strategy and executed with full conviction.
What is most remarkable about $AMZN is how far it is still below its All Time High line of $188.....while $AAPL pulls back, could there be some rotation into $AMZN and $GOOG, I think this is possible, both are still looking bullish.
I will add $AMZN again if there is any substantial dips, particularly to the 50 Day MA which is just sitting on the yellow trend line, so this is a strong confluence level too at $141.
