Power Plays New Idea: AMZN
December 14, 2023

By Scott Redler

Name: Amazon

Ticker: AMZN

Price: $148.25

Needs to Hold: $136 to $144

Price Objective 1: $160 to $168

Price Objective 2: N/A

I'm making AMZN our newest Power Play here.

It's pulling back a bit this morning, which feels like a rest before a slingshot higher into year-end. The QQQ rebalancing should be done soon which should make AMZN a go-to name.

It could see the $160 to $168 area.


Scott Redler Positions Disclosure as of 2023-12-14 at 10.12.37 AM