$AMZN TOP 20
Added 2023-10-26 15:10:34 +0000 UTCI can not emphasise the importance of $AMZN delivering a strong beat after the close today.
The market really is on a knife edge and it needs another big $MSFT performance to help this.
$AMZN has came right down to our second Wave 4 target which we placed just above the 200 Day MA.
The 200 Day MA is at $117 right now and the price action came right down to $118.35 at the opening today.....this is as close to a test as we will likely get today.
The market appears to be showing how important this earnings is too, a strong beat and it can bounce, a poor earnings and it would be difficult to see how $AMZN stays above the 200 Day MA.....and if it drops below $114, then then impulse wave becomes invalid.
This is beyond our control right now.
Comments
is it buy now?
LukEngineer.xrp
2023-10-27 10:57:42 +0000 UTCbrave but I like it
Gareth Neary
2023-10-26 15:28:14 +0000 UTCIt’s going to be a massive beat. I just doubled down
makis
2023-10-26 15:27:36 +0000 UTC
