$AMZN TOP 20
Added 2024-02-28 16:18:26 +0000 UTC$AMZN continues to behave differently to $MSFT, $GOOG and $AAPL, mainly due to the fact that it has not made a new ATH yet.
An impulse wave in this set up is unlikely going to finish below the blue line, as this would imply that the move has been a corrective wave since its low at the start of 2023, which is not what we are seeing, as this has moved up in 5 Waves....
The companies mentioned above have all made new ATH's but not $AMZN, so for this reason it is holding up strong and likely to continue moving higher....as soon as $188 is hit, it can certainly follow the other Mega Caps lower.
