AMZN is looking like a solid buy right now for multiple reasons, so I thought I would list a few:
1) MACD is getting less red with upward trend and it looks like blue is about to cross orange.
2) Bullish divergence in the RSI.
3) We are just about the 200 day moving average, which serves as a support level and a potential stop loss.
4) If the market totally ****s itself amazon is not a bad company to have your money in for the upcoming/continual inflation.
Disclaimer: I am just another retard on the internet who likes gambling with his hard earned savings, this is not financial advice.
1) MACD is getting less red with upward trend and it looks like blue is about to cross orange.
2) Bullish divergence in the RSI.
3) We are just about the 200 day moving average, which serves as a support level and a potential stop loss.
4) If the market totally ****s itself amazon is not a bad company to have your money in for the upcoming/continual inflation.
Disclaimer: I am just another retard on the internet who likes gambling with his hard earned savings, this is not financial advice.