Amazon breakout - $2,000 in our sight now
Amazon said this holiday season was another record-setter. The overall retail sector had a big year too, signaling that the decade-long economic expansion in the United States still has some legs left in it.
Santa clause rally continuing in FULL FORCE thanks to a kick from AMZN.
Volume + Relative Strength Index showing moderate increase in buying and no stopping now
Trade Set-Up:
Entry @ 1,735
Exit @ 1,950 at a short-term swing trade for an easy 12% profit
DYOR.... good luck!
Santa clause rally continuing in FULL FORCE thanks to a kick from AMZN.
Volume + Relative Strength Index showing moderate increase in buying and no stopping now
Trade Set-Up:
Entry @ 1,735
Exit @ 1,950 at a short-term swing trade for an easy 12% profit
DYOR.... good luck!
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