Today I sold my position in Amazon that was acquired on 12/11/2019: (https://www.investablewealth.com/bought-amazon/ )
Amazon has weathered the COVID-19 storm very well. While I believe that it has an excellent future, I wanted to use the recent run up as an opportunity to lock in a profit.
Amazon has hit resistance at around $2425 multiple times. It could be about to breakout…or breakdown. I’m happy with my profit and plan to deploy that money into a stock that has yet to recover.
Wish me luck.
![](https://i0.wp.com/www.investablewealth.com/wp-content/uploads/2020/04/AMAZON-sold-200427-300x169.jpg?resize=300%2C169&ssl=1)
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