AMZN still my favorite counter

Asphen
07-13


- Got rejected by 200 and will do well to attempt again next days/weeks/months

- Very interested in the price action as long as stay above 188

- Can even get down to 182 and still be quite good

- Would love to get at 165 (where my put strikes are) but for AMZN

- My fav counter as my targets for AMZN are 211, 225 and 240

AMZN Daily Chart - 13 July 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$Amazon.com(AMZN)$  

Turn to AMZN or GOOG as Semi Rally Cools Down?
Amazon's stock rose by about 4% today, pushing its market value above the $2 trillion mark for the first time. Yesterday, both Google and Microsoft reached new highs. Google's stock price hit $185. The semiconductor boom has cooled down, benefiting the big tech companies. --------------------- Among these three stable giants, which one is your pick? Have you made money from this? Will Amazon hit $200 nex week?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Happiness.
    07-14
    Happiness.
    I recon buy at 182 and swing trade to $205 take profits :). For me. [Smile]
    • Asphen
      good play. I have active puts on it too.
  • Happiness.
    07-14
    Happiness.

    $Amazon.com(AMZN)$ Where will it go?! Interesting stock to see in the next coming week[Sly]  

    • Asphen
      yeah... bullish on this counter long term
  • Deposit
    07-13
    Deposit
    Good one
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