$AMZN TOP 20
Added 2023-12-06 21:02:53 +0000 UTC$AMZN has been bending now since the 7th of November, so the bulls and bears have been battling here but the bulls are running out of steam.....and bulls need to be smart now and not chase and wait for the pull back.
Failed to make a higher high on the bounce yesterday (unlike $AAPL) and pulled back today, so I like to see this.
The 200 Day MA on the 1hr is at the 0.23 Fib now, losing this level and we will see a retest of the 0.38 Fib, it would be worth considering adding here.
