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mentalcapital
May 15, 2021 4:49 AM

AMZN Pivot Reversal above $3240 Long

Amazon.com, Inc.NASDAQ

Description

Really liking the way the market is moving signifying strength after each attempted pullback. With AMZN consolidating during this period it's has setup a proper DCA opportunity above $3240 with the stop below the pivot at $3125.
Comments
ChrisBasten
That is way too wide of a stop are you serious?
mentalcapital
@ChrisBasten, I view my game plans in % and in this case it was only 3.5% risk. This setup was aimed towards dollar cost averaging back into the top of the range from your previous positions.
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