AMZN has been trending up after hitting is lowest of this year since the split and bouncing back up, taking advantage of the market rally. making AMZN a buy for some momentum traders. with the new economic data coming in this week. i expect the market to cool off its rally after its five day bullish streak.The average move of AMZN per day is about $2.00-3.00 depending on market conditions and news.
here my price target for
AMZN for monday 07/11/22.============================================================
For calls; buy above $116.00 and sell at 117.04 or above
For puts, buy below 114.69 and sell at 13.69 or below
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Welcome to this free technical analysis . ( mostly momentum play )
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.