The Long Investor

$AMZN TOP 20

Added 2023-12-03 16:20:18 +0000 UTC

Some commentary might be repetitive here today for the Mega Caps as they are closely following each other, $AMZN and $AAPL particularly.

$AAPLs level off and slight pull back is more defined than $AMZN's, as it still keeps pushing higher but it is start to bend, which is an inclination that buyers are starting to dry out.

The 50 Day MA is at the 0.5 Fib right now at $133 which is also the trend line support, this would be an area I would be keen to add but anything under $136 and I will consider adding.

I have no intentions to sell to buy back lower at this stage.

Once the pull back is complete for Subwave 2, we could see a very aggressive run here for Subwave 3 of Wave 5.