SamSuka
The Long Investor
The Long Investor

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$AMZN TOP 20

$AMZN pulled back at the opening but has recovered almost all of the losses so far.

We can see that this pull back from its Subwave 1 high has only pulled back to the 0.236 Fib, this is not nearly enough of a pull back that we need for Subwave 2 to be complete, especially considering how long Subwave 1 was....so I did not add at the opening and I will continue to wait until I see more.

The 200 Day MA on the 1hr chart is just at the 0.5 Fib, I will be waiting to see the price at least drifts down to here.

$AMZN TOP 20

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