breakoutfakeout

Buy Amazon and hold

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breakoutfakeout 已更新   
NASDAQ:AMZN   Amazon.com
Another amazing buy opportunity in tech. Amazon put in an extreme MACDH diverergence yesterday on the daily charts at major support around $2000.

Wow this is such a great long term buy and hold here. We can take profits at any of the red resistance lines shown above if we want to trade short term time frames but this $2000 level looks really solid. DXY has been falling off as predicted and now Amazon looks primed for a big run up.

As I have said before in my recent posts, I believe inflation has peaked and the fed will not get more hawkish than it already has this is a great shot at this being the bottom in Amazon. Either way lots of profits to be had on the run up to resistance levels
交易進行:
Boom amazon gets bought hard at the open
交易進行:
Being bought hard as expected, still long
手動結束交易:
75% longs taken profit. 25% remaining add on dips

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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