both Amazon and Apple are making very bearish reversal formations which might drop drastically the price to a new low on a big TF, Daily. Remember it's a mid to long-term view; therefore, it could be invalid. However, these are well-known wave structures, and they are accurate most of the time, but certainty does not exist in charts of course.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.