$AMZN - Could see a breakout$AMZN is up against the trendline. If it breaks out it could hit 200DMA at 107.49. Since 03/2022 every time the price hit 200DMA it reverses. This time, it looks like it will get to $116 near term.
Target 1 - $107.49
Target 2 - $116
Target 3 - $127
I am long #AMZN.
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.