Behold the beautiful CUP 🍵& Handle 👌#chartpatterns #trading #tradingstrategy #Stock
This tea is going to taste delicious when we finally break over $201.20. AMZN has been a laggard and it's time for them to play a little catch up! 🧧
Not much explaining needed with this one...Cup n Handle breakout means we are going to the measured move destination of...🥁🥁🥁....$310.69 ‼️‼️‼️
CATALYST: 😼
✔️Continued AWS growth and dominance! ✔️Stellar holiday quarter (best quarter of ea. year) ✔️MONEY PRINTER (ATH Free Cash Flows (FCF) ✔️Better margins and #3 player in Ad space!
AMZN is a 17% in my LT portfolio. Also, I have several options plays on this name. Gonna be a fun ride! 🎢
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I'm super bullish on Amazon and everything they are doing is phenomenal. Wall street is either blind or accumulating as much as they can before lift off.
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Nothing has changed with this stock! Only more bullish! It's a High Five Setup and a buy fundamentally according to my Valuation analyzer. Has been a laggard to the MAG7 and has broken out of a symmetrical pattern and is currently retesting that breakout. Next up is the multi-year cup n handle breakout at ATH's then we really will be going to $220/$240/ $260!
NFA
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