The last steps to a tipping point of a wave that has been in the making for more than 20 years, and will probably herald the start of a long bear market for Amazon. This is a great short opportunity.
A break below the trend line of the last phase can be seen as a short signal. A close of a weekly candle below the phase 4 trend line.
It is at least expected that the price will tumble to the phase 3 trend line.
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