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mortdiggiddy
Dec 16, 2020 6:09 PM

Long $AMZN on wedge break Long

Amazon.com, Inc.NASDAQ

Description

AMZN is breaking a multi week wedge today, just ahead of the Christmas season and finally rally into the year end.

Target = 55 Day Highest close for over 7% gain, I believe by mid January before we get some overbought selloffs in the indices.

Comment

Looks like a final consolidation above the wedge before a breakout into year end.

Comment

Further breakout today, looks good

Comments
Mark_demariya
great
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