AMZN Bullish Outlook - Passing $155 and up

I see a bull pattern on AMZN supported by multiple indicators including the obvious ones (RSI, MACD, Stoch). Depending on the overall market as well, I think we could surpass our recent highs / resistance of $155.60. We'll have to see how AMZN holds above $154.04 (if it does) and coincidentally that's yesterday's high.

Edit: sorry if the picture came out wrong -- trying to get my template set up for my tablet

Komentarz:

still looking good. LEAPS are good here too.

Zlecenie aktywne:

1st target reached at over 155. I haven't had much time inthe day for me to explain a whole ton so leave questions if you have! I'm holding a runner from trimming some contracts. Not going into a LEAP yet till after 3 day break. Thanks to those who boosted my idea -- hope you had a great week!

Zlecenie aktywne:

Still like AMZN for LEAPs if you're not in one. Or long term plays. Reached over 155 and stayed hovering above our support levels (never went back below 151 in recent days until it had a strong EOD before ER. Knew it would rise though because of Generative AI being a new feature/tool they are releasing and the continual growth of AMZN. I think the future will bring some Dividends to these tickers like Meta has