AMZN-BUY strategy Long

Amazon.com, Inc.NASDAQ

Description

⋅ Apr 25, 2022 4:13 AM

I feel we may see lower first. The MACD is negative and likely it will attract $ 2,750-2,760 area before we see a correction back to $ 3,150.

For now I suggest we buy below $ 2,800 and place a stop-loss below $ 2,600. The profit order somewhere $ 3,075-3,125 for now.

Trend Analysis amznbuy

Comments

Isabella78

⋅ Apr 26, 2022 3:37 AM

any idea when you think amzn will hit 3400?

peterbokma

⋅ Apr 26, 2022 9:57 AM

@Isabella78, I feel maybe not for some time.. max 3,150 maybe....tc

Isabella78

⋅ Apr 26, 2022 2:54 PM

@peterbokma, Then why are the analysts who are suppose to be very intelligent are almost all putting enormous price targets on this stock?

peterbokma

⋅ Apr 26, 2022 3:02 PM

@Isabella78, Not sure. Think everyone likes to have a say, and obviously they might be working for funds. Hard to tell... for me... look at the big picture, and adjust when needed. I will update AMZN tomorrow... thanks for the comment...tc

4baf2fb7559242d7a01e34fca9796a

⋅ Apr 28, 2022 4:13 PM

@peterbokma, any thoughts today

peterbokma

⋅ Apr 30, 2022 11:03 AM

@4baf2fb7559242d7a01e34fca9796a, will update it tomorrow... tc

mersennetwister

⋅ Apr 29, 2022 4:37 PM

@Isabella78, analysts who are "very intelligent"? Who may those analysts be? ;)

Isabella78

⋅ Apr 29, 2022 5:14 PM

@mersennetwister, yea wish I could sue them