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Sold Amazon

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.