Amazon long

Fundamental picture:
- Current price 173 with P/E 31 (10Y low)
- Implied price 405 with average P/E 80
- Expert price 267 (TipRanks)

Technical picture:
- Near Fibonacci extension limit of VWAP 200D
- Near ATR Yearly Limit
- Near 20Y Channel since 2001

Entry:
- 170
- 150
- 130

Target:
- 200
- 300
- 400
- 700

Stop:
- < 130 = PoC 2Y