dchua1969

Amazon buying zone from 124 to 127

Long
dchua1969 Updated   
BATS:AMZN   Amazon.com
From its peak in Sept 2023, it has fallen 20 bucks and is offering its loyal investors to start accumulating again. The yellow zone on the chart shows the multiple support between price level at 124 to 127 and the rally that enfolds.

I believe we are in the zone again. So, I will be awaiting for a nice pull back and start buying more of this company. They are one of the beneficiary with the upcoming year end holidays like Christmas, New Year, Halloween , etc.

Watch out for this rally!!!
Comment:
Praise God, congrats to those who longed at 124 support level
Comment:
it went up just as fast as it plundered, nice !
Comment:
Let's hope the Black Friday sales and other promotions it has for the year end will help boost the revenues
Comment:
hang on ,we are seeing a few bearish pin bars at this moment, it is likely to fall from 148 to 150 price level.
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