Amazon is a buy now (NEW) Long

Amazon.com, Inc.NASDAQ

Description

⋅ Dec 20, 2022 3:16 PM

Amazon still in a buy area.
Buy to play the bounce towards the downsloping resistance.
After reaching the target , more downside expected.

Good luck

Trade active

⋅ Jan 15, 2023 1:54 AM

The price has bounced from the major support area

Comment

⋅ Apr 16, 2023 5:12 PM

Don't short it anymore. Things changed. Higher lows structure now

Comments

FOREXN1

⋅ Apr 16, 2023 5:49 PM

Agree

basictradingtv

⋅ Apr 16, 2023 5:41 PM

yes, also looking for buys!

Maddy50

⋅ Jan 29, 2023 4:44 AM

@vf_investment are we in upward direction to enter or you see a small downside before the upsside given results coming up.

vf_investment

⋅ Jan 29, 2023 1:13 PM

@Maddy50, you are late if you want to enter long now. The price already left the buy zone.
Everything depends on your strategy . If you want to buy and hold it for 5 years, you can buy. If you want to play a short-term trade, you are late as the price is currently at the resistance too.

ajayx11

⋅ Jan 21, 2023 3:16 AM

ultimate analysis 🤞 your are great bro

bacola88

⋅ Dec 21, 2022 12:10 AM

I'll be assigned several puts at $87 this Friday. i truly hope in a bounce in the mid 90s

kcj9x2kyt5

⋅ Dec 20, 2022 11:46 PM

Foolish

vf_investment

⋅ Dec 21, 2022 9:58 AM

@kcj9x2kyt5, ok

Tolberti

⋅ Dec 20, 2022 9:18 PM

It's possible, thank you!

Williamforex

⋅ Dec 20, 2022 5:50 PM

really appreciate