Amazon.com
Long

AMAZON - correction before another jump

541
There are currently no strong factors supporting the recent fall, so I suppose it is a correction after an amazing run in the last 2 weeks.

The Fibonacci retracement from the last impulse point, as well as a powerful trend line may be factors for some nice earnings on July 23

To sum up everything, for me it is a STRONG BUY from 2900. It is a technical and a strong psychological level as well, with some fundamental factors that may help the price grow.

Good luck and stay safe!

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