$AMZN TOP 20
Added 2023-12-18 20:50:35 +0000 UTC$AMZN moving as though it is not just adding $10's of Billions onto its market cap each day.
We are not surprised by this, they have been flooding the market with positive catalysts and even today they said that they will be able to provide satellite wifi to the world by 2029, similar to that of Starlink.
This is just another example of $AMZN improving their TAM and another reason why I believe $AMZN will be the biggest company in the world within a few years.
We have been watching for the wedge breakout for the last week and today it got the momentum and jumped over 3%.
We can also see that the bottom of the wedge ran parallel with the 200 Day MA on the 1hr chart, so this added to support and was a strong confluence level.
I believe this will continue moving higher to the top yellow trend line over the next 2 months.
