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,
Nice going Ivan. Excellent, low risk idea you shared here.
+1 Reply
@timwest, thanks Tim. Just applying your methods the best I can.
Reply
thanks for quick answer
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do you do options in your trade group ?
Reply
@G13Man, Hi,very rarely.
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