AMZN
🛒 Amazon is identified as a potential long-term investment, particularly for retirement portfolios.
📊 The stock is currently situated near a significant support level around $162, close to its weekly moving average ($157), presenting a potential entry point.
⏳ While viewed positively for the long term, investors need to consider the impact of dollar fluctuations on peso-denominated holdings (CDRs).
@marcosemmimfp:
“To know if they are buying opportunities and so on, what you have to do is analyze the stock externally, not here. For example, in Amazon, you have to see if it’s at a support level, yes, and so on… If you go long term, if you go for retirement theme, for example, Amazon has beautiful support at $162 in the weekly chart. Look at this… There it had a… actually, it had it here, but well, this other one is fine too. That one there, which is more or less the moving average, $157.”
Watch the exact part of the video where @marcosemmimfp talks about Amazon here:
Watch the video on YouTube
Read more articles analyzing Amazon (AMZN) at the provided link. AMZN stock.
