AMZN: Buy zone is 3000-3100
Amazon just completed a 5 wave move up off the low. Now it should undergo a healthy pullback to the 3100-3000 level. Bearish MACD divergence shows the uptrend is becoming exhausted.
Note
Buy Zone target achieved
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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.