Amazon (AMZN) Trade Updates
Amazon arrives in the volumetric accumulation zone of the last 2 years.
the price reacted in the best way both on the weekly and on the daily,
Waiting for the Earnings, which in 2022 have not been good for the first time in years, even considering the last quarter positive in cash flow, but negative in net profit margin (-20%).
Now, in the case of neutral data, I will certainly evaluate a further entry, having an average price of about $106, I expect to double the exposure.
My target is all-time highs, although volumetrically one could think of an exit at $160
DISCLAIMER: I am not a financial advisor. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.