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IvanLabrie
Nov 18, 2016 12:55 PM

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

Amazon.com, Inc.NASDAQ

Description

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

Comment

Still upside left here, holding.

Comment

776.22 last

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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
s3.amazonaws.com/tradingview/snapshots/g/G9WoXkAe.png
I'd continue to buy dips in it, and exit against resistance or after reaching overbought levels,
Comments
timwest
Nice going Ivan. Excellent, low risk idea you shared here.
IvanLabrie
@timwest, thanks Tim. Just applying your methods the best I can.
G13Man
thanks for quick answer
G13Man
do you do options in your trade group ?
IvanLabrie
@G13Man, Hi,very rarely.
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