AMZN has been in a strong daily downtrend and is printing a large H&S pattern. A break below the neckline will like lead to much downside. The measured move for this H&S pattern takes price down to $2,600, an almost 20% decline in value.
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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.