Amazon.comLong
PICK OF THE MONTH
Updated
Amazon is getting to buy territory, this is a mean reversion trade.
Good buy now with intention of selling at 120?
I expect the price to drop a bit more but bounce back the blue line as is extremely strong support, and the price should make it to the middle line of the band, that is where profit-taking should take place.
Good buy now with intention of selling at 120?
I expect the price to drop a bit more but bounce back the blue line as is extremely strong support, and the price should make it to the middle line of the band, that is where profit-taking should take place.
Trade active
DESCRIPTION OF MY TRADE.Buy@ 82.70
SL @ 75.40
TP@ 120.00
Number of shares 1871
Trade closed: target reached
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