MaryJane
Long

Amazon beats forecasts as first-quarter revenue tops $29bn

NASDAQ:AMZN   AMAZON.COM INC
52 0 17
The former Resistance Zone located at 600$ turned into a support zone . Amazon hitted exactly this niveau before the news were publicated.
With these good news, we will perhaps see the end of the latest consolidation and a run to new Highs.
On its way up, two resistance zones stand in the way.
1 Resistance Level = 625$ , These are the former shortterm-Highs
2. Resiatance Level 2: 637$, the last Peak

Long Setup:
Anticyclical: Entry at the present Niveau with SL near below the sma 200
Cyclical: StoppBuy @ 628$ with SL 615$ and TP1= 637$ / TP2 664$
For the Long Term, The ATH             can be aimed.

Short Setup: Stoppsell below the SMA 200 with SL near above the SMA 200 and TP 550$

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