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ChargingBull
Mar 20, 2017 9:38 PM

AMZN BREAKOUT WEEK OF 3/24/17 Long

Amazon.com, Inc.NASDAQ

Description

Amazon is going to go to 880 where these two light green lines converge. The high looks like it should be there by Thursday at 12:30. First resistance is the prior top as the chart suggests. Monthly support around 846-850 , the blue dotted line is at 847.15. Light blue projection is the length of the prior leg. The upside potential is huge. We could keep going up to 895 in the beginning of April and surely see 900 by the end of April.

Comment

Trade got messed up from the healthcare bill that loomed.

Comment

My calls increased by %500, bankin it $

Trade closed manually

Made another %500-600 gain on these calls. Very bullish in the time being, but that is over now. Enjoy trading!
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