IvanLabrie
Long

Tech portfolio: AMZN: Cheap here, good to add if long

NASDAQ:AMZN   AMAZON COM INC
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer.

A 2% position on each is a good idea.

Good luck,

Ivan Labrie.
Comment: Looks good, you can sell, or trail stops gradually higher and add.
Comment: The pullback can be good to add, but if you trailed stops you might have been taken out in profit.
Trade active: We sold in profit, now we buy back in here, last 759.72
Comment: Acting well.
Comment:
snapshot


Weekly view
Comment: Still upside left here, holding.
Comment: 776.22 last
Comment: Today's action might imply a test of support is possible, I'm watching to reenter, since I closed it today to raise cash.
Comment: I'm holding, acting well, ready to jump higher.
Trade closed manually: Time to bail for now. If we break and hold higher I might reenter.
Comment: $AMZN might head down
snapshot

I'd continue to buy dips in it, and exit against resistance or after reaching overbought levels,
do you do options in your trade group ?
Reply
@G13Man, Hi,very rarely.
Reply
thanks for quick answer
Reply
Nice going Ivan. Excellent, low risk idea you shared here.
+1 Reply
@timwest, thanks Tim. Just applying your methods the best I can.
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