$AMZN TOP 20 UPDATE
Added 2023-07-20 09:14:25 +0000 UTC$AMZN continues to be on track to hit the 1.618 Fib at $140, leading right up to earnings next Thursday, on the 27th.
I expect Wave 4 to come in soon, the $SPY and $AAPL chart are both indicating that it is due soon too.
With $AMZN, I really want to add more around $120, I am bullish on this company and think this is a fantastic hold for long term.
You need to make a personal decision whether you want to sell at $140 and rebuy at $120.
My targets, are the ideal scenario, the price does not have to go all the way to $140 and it does not have to go all the way down to $120, so selling to rebuy lower is a tricky game, unless you are disciplined and do not try and squeeze ever cent.
I am leaning on the side of just sticking with it through Wave 4 and just adding when I see Wave 4 support coming in, for me, it is only waiting a month for a decline to complete.
