$AMZN TOP 20
Added 2024-02-13 19:59:41 +0000 UTCI highlighted the yellow trend line again yesterday and we can see now that it has rejected at this level, along with the $SPY and $QQQ.
I have added in the green Fib levels now as potential support levels for this pull back and what is immediately obvious?
The 0.618 Fib aligns with the ascending triangle top line at $155-$156 and where the 50 Day MA is moving to, so if $AMZN presents another opportunity to add here, I am adding considerably to my position here.
My last buy was at $155 before earnings and I will gladly take advantage of this level again.
Comments
Hell yeah, me too. If we have chance to grab some at 155 it would be awesome. Love very diverzified business in AMZN with reinvesting capital in the past. There might be end with big reinvesting so it means bigger profit and so on, huge thing! 😊
Vojtěch Pavel
2024-02-13 20:07:04 +0000 UTC
