peterbokma

AMZN-BUY strategy

Long
NASDAQ:AMZN   Amazon.com
There is still some selling pressure, but feel we are near or at bottom.

The indicator suggests we are turning less negative and this means selling pressure is changing and reducing.

For now, strategy BUY $ 2,400 area (take your level of comfort) and take profit @ 2,850 for now. We might add below $ 2,150.

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