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MedinTrade

AMZN LONG OPPORTUNITY

Long
Amazon.com (NASDAQ:AMZN)  
MedinTrade Updated   
NASDAQ:AMZN   Amazon.com
Trend Analysis Chart Patterns Beyond Technical Analysis AMZN amznlong amznsetup amzntradingsetup
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trendanalysis chartpattern beyondta amzn amznlong amznsetup amzntradingsetup
I don't look much into FA but the last news of AMAZON getting into Pharma could give the stock a good leg up!! What's the saying, buy the rumors / sell the news?!? Keep your eyes on that eye, I haven't place any orders yet. Still wait a bit and see when market open (might be too late). Also TA ain't bad, check the chart.
Trade Safe!!
Trade active:
I hate those gaps...anyway order filled at 1717 instead of 1708. Sleeping time, I'll chek tomorrow morning.
Trafe Safe!!
Comment:
Ok now that the gap filled, the area seem to be a new support along with EMA acting as a dynamic support. We'll have to wait for Monday to see how it will unfold. Have a nice weekend.
Trade Safe!!
Comment:
New HL & HH printed, keep watching...
Trade Safe!!
Trade active:
Forming an upward channel, keep watching it, if the channel break down or turned into a rising wedge, get out of the trade.
Trade Safe!!
Trade closed: target reached:
I took my profit, I don't like stating in a trade for too long but feel free to stay in that, keep an eye on EMA and the formed channel and you should be fine.
Trade Safe!!
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