Ride the "Amazon" steed in the Year of the Horse!
I decisively added to my position in $Amazon(AMZN.US) at the start of the year.
- The "Horse" Connection: Although there's no 'horse' in Amazon's name, in the vast plains of e-commerce and cloud services, it's definitely the most stable and enduring "blood-sweating steed." Starting the Year of the Horse by positioning in it is for the auspicious sign of "immediate success"!
- Key Level Breakout: Observed that Amazon had strong consolidation within the 195-198 range. I decisively added at 197.88, precisely because I saw its stabilization signal following the broader market breakout. Entering at this level provides a clear defensive line, and the upside potential further opens up as the Dow breaks 50,000.
- Earnings and Macro Resonance: With AWS deeply benefiting from AI computing demand, coupled with the surge in global consumer sentiment during the Spring Festival, Amazon's fundamental support is very solid. Combined with the sentiment from Southbound capital and U.S. stocks hitting record highs, I'm determined to capture this "Spring Festival red envelope" market trend.
This 197.88 addition order is my New Year's gift to myself for the Year of the Horse. Not seeking overnight riches, but hoping to steadily climb upwards like Amazon's stock price curve, with a long bull run that never stops!
Fellow investors, was your first trade of the year bottom-fishing or FOMO buying? Share it in the comments, let's discuss together, and maybe even grab some "immediate wealth" merchandise from @Longbridge @Longbridge Product Team @Longbridge Community Admin ! 💰
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
