$AMZN TOP 20
Added 2023-10-15 16:32:05 +0000 UTC$AMZN is my largest position and for a number of reasons.
Those who were here in August when I said that $AMZN would come down to $120 and when the earnings came in it started to drift higher, would know that I did not give up on it as we knew Wave 4 had not come in yet, it wasn't pretty but the chart delivered and I managed to add at $122.
The misleading part about this Wave 4 is that it made a high before going lower, this would certainly have caught a lot of people off because although it is valid, it is very rare to see. But when the price held the 0.38 Fib, which is the standard level for Wave 4 to hold, it was enough for us to add considerably to our position.
I may add again on the pull back for Subwave 2 as shown and catch the next run up.
Comments
0.618 Fib right now is at $128, assuming that Subwave 1 is now complete
Gareth Neary
2023-10-15 17:22:00 +0000 UTCHa I am not sure how that worked out like that! sorted now!
Gareth Neary
2023-10-15 17:21:25 +0000 UTCI think subwave ii and subwave iii labels are flip flop 😁
SLim
2023-10-15 16:59:45 +0000 UTCWhat price is sub wave 2? Cheers.
Dan G
2023-10-15 16:49:03 +0000 UTC
