Very bullish on AMZN right now. However, not buying right now with the SPY and QQQ pulling back, which should continue, and AMZN being at an ATH.
Would like to see AMZN trade back to the 20 day EMA for a bounce. If that doesn't work, the support around $1,295-$1,300 before going long for a swing trade and/or investment.
If she does break higher, I will look to enter for a day trade and/or shorter swing trade off the hourly chart :D.
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Approaching the green box. Let's see if AMZN will hit $1,300 for a long entry.
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I hope some of you took this trade off the 50 day sma inside the green box :D