$AMZN TOP 20
Added 2023-01-13 16:59:03 +0000 UTCI am updating $AMZN earlier than this weekend because I believe the bounce this week at the Covid low has altered it's trajectory.
It is possible that this bounce now is Wave 4 like a lot of stocks we are seeing at the moment and it has had no meaningful pull backs.
If this is an impulse wave, it is not looking structured yet. Regardless, it will need to pull back either way, if it finds support above the previous low then the bottom is in....if not then we proceed to the 1.618 Fib at $74 now, I have widened the buy zone now too.
