$AMZN - MA rendevous!

AMZN - To me ERs are gamble that I seldom take.

Having said that this chart caught my attention and I see that all MA's have come together like a family reunion of some sort. Can they help to catapult AMZN to next levels?

If ER reaction is positive coming Thursday, then there is a fair chance for price to gap up the marked level. If not then...

Note - ER price movements can get wild, the chart shared and information are just my opinion.

Kommentar:

Today 8/4/2023 after ER announement from yesterday, AMZN gapped up to @142.
The original post depicts price target on longer time frame.