$AMZN

5 mar 2020

Amazon has filled up the gap on their earnings call gap up, after the company announced Q4 earnings it soared to new highs. As history shows, after a company fills in the gap on a gap up it has a tendency to continue the uptrend to new highs. Besides, the uptrend remains intact and i plan to be in the stock for a few weeks IF the technicals don't break pattern. I am not sure how amazons business model is going to be impacted by the corona virus on a short term basis, but i don't see the company struggling much at all as they rely on e-commerce. I remain bullish on the stock, and have a price target of 2150-2200!