MoonBooster

AMZN Buy or Sell?

Long
NASDAQ:AMZN   Amazon.com
Amazon is showing no signs of reversal. It is continuing inside the upward trend limits started in 2005. The target is somewhere between 2000 and 4000 by the end of the year. Considering how Amazon is booming as an online business during this stay at home period, a period that will further cement online shopping behavior, we should expect this stock to stay within the upper half or even upper 25% of that range. Especially once the stock market bounces back.
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