SamSuka
The Long Investor
The Long Investor

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$AMZN TOP 20 - IMPORTANT -

LET ME BE INCREDIBLY CLEAR HERE:

WE WANT $AMZN TO PULL BACK TO $120.

$AMZN is one of my largest holdings and I will not be playing games with it, so I had no intention of selling at Wave 3 to buy again at Wave 4, I want to keep adding to $AMZN to hold for long term.

Earnings on the 3rd of August, so again, we may get some volatility in the week ahead....we have already seen that $TSLA and $NFLX have dropped heavily after their own reports.

You need to be prepared to embrace short term pain here in the form of Wave 4 to take full advantage of this gift, I may even consider doubling my position in $AMZN if I can buy at $120.

$AMZN are looking into expanding into the Satellite Wifi market and healthcare market, both massively increasing their TAMs....amongst many other profitable revenue streams.

Of all the Mega Cap stocks, I am most bullish on $AMZN, in terms of value and growth trajectory.

$AMZN TOP 20 - IMPORTANT -

Comments

I am, a healthy corrective ABC count, before going higher, as we get closer to the top, I can project with more accuracy

Gareth Neary

Do you anticipate a correction/down trend in 2024? I’m trying to understand the second half of your EW fibs.

Casey K

7% of my total portfolio. If 120, the 7% will become 14%

makis


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