Amzn long and profit taking idea
Random drawings on a chart. 
AMZN over the last ~18 months; The goal is to catch the bounce and exit before the crowd does. It seems to "normally" take 15-45 days from the bounce to the middle of the channel. The yellow trend lines mark the areas in which I'd step out of the position and take profits. If there's any large catalyst, like a split (fingers crossed), I'd hold until we hit major numbers like $4000 and then start taking profit from there.
AMZN over the last ~18 months; The goal is to catch the bounce and exit before the crowd does. It seems to "normally" take 15-45 days from the bounce to the middle of the channel. The yellow trend lines mark the areas in which I'd step out of the position and take profits. If there's any large catalyst, like a split (fingers crossed), I'd hold until we hit major numbers like $4000 and then start taking profit from there. 
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