Amazon (AMZN): Added to Position

Technology stocks were slammed all week with Amazon (AMZN) getting hit so hard that it dropped under $2900, about -4.88% from where I reopened my position last week.

Accordingly, it was time to put a bit more of previous profits taken when I closed the position back into the stock with a small order which filled at $2,905.31 on Friday. From here, my next price target to add more to the position is much lower at $2,637.

AMZN closed the week at $3,000.46, up +3.28% from where I added Friday.

Square (SQ): Added to Position

Despite reporting excellent news of expanding into residential and corporate banking, Square (SQ) sold off with the rest of the market.

When Square moves, it moves big in both directions, and this week, Square fell through two different buy targets. On Thursday, an order filled for $217.50 to lock in +16.5% in profits on shares I sold on February 8 for $260.45. On Friday, an order filled at $197.83, locking in +18.1% in profits on shares I sold on December 22 for $241.69.

The two orders gave me an average buying price of $207.67. From here, my next buying target is $174.45 and my sell target is $298.95, slightly under analysts’ price target of $300.

SQ closed the week at $216.44, up +4.22% from my average buying price.