AMZN had been forming a descending channel/bull flag and had a fakeout below, but quickly recovered and has now closed above. Looking like a great pick if tech stocks continue the bull run this week. My longer term target would be ATH, for shorter term, it may struggle at some of these previous highs.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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