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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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To: Top Of The World Ma who wrote (2016)1/25/2022 4:01:45 PM
From: stuffbug   of 2146
 
<< what makes AMZN such a compelling value here, right now, as opposed to say June when it was trading at these levels then? >>

All time high vs 25% discount to all time high. (lol)

Technical perspective: For 18 months Amazon traded in a box bounded by $1875 and $2775, then broke through the floor last Friday. Are we transitioning to a lower trading range? Although I see the potential set-up for a decent rally here (approx 20%), I would be selling the blips after buying the dips until we have more confidence that the low is in.
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