AMZN 50%+ UPSIDE!!! CUP N HANDLE PATTERN! BREAKDOWN BELOW:
Updated
AMZN #Earnings #BlackFriday I PRESENT TO YOU: 🎁
🔜 THE NEXT 3T MKT CAP COMPANY
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! 🎢Like and follow for more great charting and stock talk!
Not financial advice 🖖
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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. Trade active
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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