$AMZN IS ABOUT TO EXPLODE! BUY NOW OR FOMO LATER

31 Okt 2024

AMZN
💥 AMZN IS ABOUT TO EXPLODE! 💥

I first called out AMZN on October 21st as it was setting up for a huge move and CupnHandle breakout. Here's 3 reasons to not miss this investing or trading opportunity. Price targets at the end.

1.) HIGH FIVE SETUP (Check the numbers below and you will see. 1-Breaking out of cupnhandle & symmetrical triangle pattern. 2-Volume profile gap from a volume shelf. 3-Uptrending MACD. 4-Higher Highs on RSI. 5-Uptrending Stoch. (trend).
2.) #Amazon margins and FCF are growing rapidly and will continue this uptrend heading into the holiday season with a RESILIENT AMERICAN CONSUMER.
3.) It's a BUY according to the fundamentals especially when valuing this company according to it's Discounted Cash Flow (DCF).

Intrinsic Value: $250
🎯PT1: $231 (Symmetrical triangle measured move)
🎯PT2: $310 (Multi-year CupnHandle Measure Move)

Are you a shareholder? or Are you trading this name?

I'm done for the day! Going to be with my wife on her birthday and go trick or treating with my boys. Thanks for all the support, much love!

LIKE l FOLLOW l SHARE
HAPPY HALLOWEEN!
#Earnings
NFA

1 Nov 2024

Trade aktif

BOOM! Nailed it on this one, first time I mentioned this setup was October 21st. It was all leading to this. We are at the infant stages of AMZN playing catchup with their MAG7 buddies as they'ge lagged them all year. When we break this multi-year cup n handle patter we will be going to $250-$300 before end of 2025! Mark it!

4 Nov 2024

Trade aktif

Got the nice bounce we were looking for off the symmetrical triangle! Thesis playing out nicely!

6 Nov 2024

Trading ditutup: target tercapai

Just here to say that they did EXPLODE! Gasoline will be continued to be poured on this fire!!

14 Nov 2024

Catatan

🚨 TRADING POSITION UPDATES: 🚨

As a trader/ investor you need to focus your efforts on your highest conviction plays. That's what I'm doing

Closed trades: These are still solid and will play out
GOOG
NVDL NVDA
Some AMZN SOFI

Adding more to:
HIMS
MBLY
COIN
ETH

NFA