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.
Gareth Neary
2023-07-23 18:52:16 +0000 UTCCasey K
2023-07-23 18:48:08 +0000 UTCmakis
2023-07-23 18:41:11 +0000 UTC