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Skipper86
Jul 17, 2021 8:27 PM

AMZN average up Long

Amazon.com, Inc.NASDAQ

Description

Good time to start averaging up for a long-term (1+ years) position imo. Income is up nearly 7x since the beginning of 2018 but price is only up about 3x. The chart appears to be breaking out of and retesting a rectangle as well.

Comment

massive drop today on earnings down to 3300, added another share here

Trade active

Trade closed manually

Overall market showing weakness, financial uncertainty
Comments
el7120
Massive rally coming!
Skipper86
@el7120, it's already here tbh
LColang
I can see back to back billion $$ qtrs printed. 6 straight down days retesting breakout support. It will be interesting how the new CEO handles his first conference call.
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