GregFolin

$AMZN Flying First Class into Q1 Data with $3k Looming

NASDAQ:AMZN   AMAZON COM INC
AMZN is tracing out the major breakout setup we pointed to earlier this month.

At some point, the focus will be on total spending reductions, and this could look like a blow-off top.

But right now, the focus is on market share, and the lockdowns are driving dollars spent toward AMZN like a funnel.
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Comments

I have followed a different analysis and concluded for the intermediate term that #AMZN AMZN will reach 3k. Take a look at my graph and tell me what you think.


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UTOMAN UTOMAN
@UTOMAN @GregFolin however there is a strong resistance at 2557 level.
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nice analysis men, i totally agree with you
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