Here's how to play the stock after a disappointing showing at the Golden Globes.
As we head into 2020, the technical picture is best described as something's gotta give.
My caution perhaps stems from what for the most part appears to be rampant success in 2019 that leaves a high bar for 2020.
The charts and indicators of the entertainment giant present a bullish case,
Calling the top on this stock has been a fool's errand. That being said, it is showing signs of exhaustion on the charts, however, exhaustion is not the same as a top.
Apple is at the core, for me personally, at the very center of my 5G technology trade.
Let's check out the latest charts and indicators.
Read between the lines in the PR release and there's still a lot to act on in the areas of smart TVs, smart homes, and streaming services - that's how to play AMZN.
I do believe that Amazon is a long term buy, and even if political pressure does build to break the firm up into smaller pieces, that would be in the end a positive for shareholders.
The online giant's stock may not make a new high, but a longer-term upside breakout is possible based on its technical signs.