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
Happy trading
Lazy Bull
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
Happy trading
Lazy Bull
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