Stock Pick of the Week (AMZN) 4/01/2021
Amazon.com engages in the retail sale of consumer products and services online in North America and Internationally. Considering the news and the company’s fundamentals and the stock’s technical chart, we suggest a possible buy signal. For the buy, the short-term target is at $3475, while in case of failure, the exit price is at $3149. $AMZN is a potential long trade with a Risk/Reward Ratio of 1:2.