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.