Technical analysis by longsonvn about Symbol AMZNX: Buy recommendation (6/27/2024)

At the close of June 16, 2024, AMZN was at a new high entering $2T club. I am opening a new position here with the target price of $230 (20% from the base)After the latest earnings were out on August 2, the stock gap down pre-market to its MA-200 at around $168 and I think this is a good place to add into a position here.