$AMZN has been trending up after hitting is lowest of this year since the split and bouncing back up, taking advantage of the market rally. making AMZN a buy for some momentum traders. with the new economic data coming in this week. i expect the market to cool off its rally after its five day bullish streak.
The average move of AMZN per day is about $2.00-3.00 depending on market conditions and news.
here my price target for $AMZN for monday 07/11/22.
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For calls; buy above $116.00 and sell at 117.04 or above
For puts, buy below 114.69 and sell at 13.69 or below
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Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE button and maybe consider following my channel.
The average move of AMZN per day is about $2.00-3.00 depending on market conditions and news.
here my price target for $AMZN for monday 07/11/22.
============================================================
For calls; buy above $116.00 and sell at 117.04 or above
For puts, buy below 114.69 and sell at 13.69 or below
============================================================
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE button and maybe consider following my channel.