Buy-and-Hold Portfolio Trade Alert: Bought 10% ($4,000 in model portfolio) AMZN @ $3,624.72 Stop @ $3,189 Amazon has been consolidating between $2,900 and $3,500 for a year now. The stock has finally broken out here, seemingly backing the idea of Bezos stepping down as CEO. Based on the previous rally, followed by the consolidation, we’d expect the next move higher to extend to the neighborhood of $4,700, which would put the market cap at around … read more Buy-and-Hold Portfolio Trade Alert
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