Home > Swing Trade of the Week > AMZN long set up

AMZN long set up

swing tradeAMZN has had a beautiful run the last few weeks. The next resistance is around $50. The market is at a big do or die point here, if we break 13,000 AMZN can pop to the resistance no problem. If we don’t get the follow through I think it is still got for a $2 move. Use a buy stop above $45.32 with an initial stop below $44.

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