SamSuka
The Long Investor
The Long Investor

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$AMZN TOP 20

$AMZN has been holding strong, along with $AAPL over the last 2 weeks while a number of mega caps and the market experienced a pull back. If this general pull back is complete, we should see $AMZN benefit from this optimism and generally the start of July performs very well historically.

The main concern for the market is when $AAPL does decide to pull back and we can see from our chart that it may be in 2 weeks, the market will likely pull back with it, this corresponds with the $AMZN chart too.

The RSI and MACD is showing that a pull back is certainly possible soon.

My plan is to add at Wave 4 around $120.

I will alert when I buy $AMZN again.

$AMZN TOP 20

Comments

Coming shortly

Gareth Neary

Hello, do you have update on TSLA ? Thank you

Yoko Yu YYKK #4204


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