$AMZN

2020년 3월 5일

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!