Stock trading: Amazon.com $AMZN recovers and now hold SMA50

Stock Investments: Amazon.com $AMZN broke down and slipped below its major support (SMA200) but recovered nicely and is now sitting a little above SMA 50.



I am a long term investor so the price action does not really bother me, atleast for Amazon.com.  I do think these below SMA200 instances are a good buy point for those interested to invest for long term in $AMZN.

The fundamentals are great and so to me, its one of the buy and forget type of a stock, atleast for now.

I remain bullish but I could also be wrong. Its the stock market, the longer you hold on to great companies, the right your long term views become.

Public Domain Pictures tags: public domain pictures free, copyright free images, free photos for commercial use, download free pictures with unlimited use, photography, free images for commercial and personal use, online copyright free photographs, freebies, no fees pictures, amateur photographer, free pictures using Sony DSLR, iPhone, Google Pixl, and Canon