$AMZN TOP 20
Added 2024-01-28 18:38:15 +0000 UTCI have been very vocal that I believe that $AMZN returns to its ATH line at $188, it is the only Mega Cap reporting this week that is not at its ATH line and for me, it is one of the strongest companies in the group with the most upside over the next few years too.
Which is why it is one of my biggest positions....along with $PYPL.
The price was at $88 in March 2023 when we started buying, so we are very close to making 100% profit on this in less than 12 months and we have added on the way up and at the bottom of Wave 4 at $118.
I can see that $AMZN broke out of its small ascending triangle and is it leads into earnings this week on Thurs AH.
I do believe that $AMZN continues its climb to $188 and any improvement on its margins again and this is going to pop aggressively.
$188 is the minimum I see this bouncing too in this cycle
Comments
Entering a position before earnings is always a difficult game….that being said, if I was to enter a Mega Cap right now, it would be Amzn
Gareth Neary
2024-01-29 14:12:05 +0000 UTCI would add now before earnings. Think longterm
Frederik Dalgaard
2024-01-29 03:15:51 +0000 UTCAdded to my position last week. My biggest holding now ❤️
Frederik Dalgaard
2024-01-29 03:15:25 +0000 UTCI will also buy tomorrow. still 18% below ATH, but might get even higher. so, plenty of room for profit.
Qwerthy
2024-01-28 19:54:06 +0000 UTCSame question please, I want to enter heavely on Amazon tomorrow
M
2024-01-28 19:33:41 +0000 UTCIf you didn’t have a position in Amazon, would you consider entering a position now, to take profit as Wave 5 completes? Or would you wait (if it played out) for an ABC correction. I don’t have an Amazon position, but it is one i would like to start DCA’ing for the future as all my investments are long term. Thanks Cap!
Josh Stevens
2024-01-28 18:49:39 +0000 UTC
