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(AMZN) Investment Analysis
Warning:
The trading plans were valid at the time this was published, but the support and resistance levels for AMZN change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Instructions:
Use the basic rules of Technical Analysis. Here are some examples: if AMZN is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for AMZN too. All of these are offered here: Access our Real Time Trading Plans
Longer Term Trading Plans for AMZN
- Buy AMZN slightly over 176.04 target 187.12 stop loss @ 175.53
- Short AMZN slightly under 187.12, target 176.04, stop loss @ 187.66
Swing Trading Plans for AMZN
- Buy AMZN slightly over 182.96, target 187.12, Stop Loss @ 182.43
- Short AMZN slightly near 182.96, target 176.04, Stop Loss @ 183.49.
Day Trading Plans for AMZN
- Buy AMZN slightly over 182.96, target 187.12, Stop Loss @ 182.53
- Short AMZN slightly near 182.96, target 180.31, Stop Loss @ 183.39.
AMZN Technical Summary | Raw Data for the Trading Plans
Term → | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Neutral | Strong |
P1 | 0 | 0 | 164.67 |
P2 | 180.31 | 182.96 | 176.04 |
P3 | 182.91 | 188.17 | 187.12 |
COMTEX_451031403/2570/2024-04-18T09:30:02