Amazon I believe is in a downtrend and tends to follow SPY's direction.
Target 1: 133.97
Target 2: 126.75
Target 3: 118.72
Target 1: 133.97
Target 2: 126.75
Target 3: 118.72
Note
May take 30-60 days to reach target 3.Trade closed: stop reached
Trade closed. Def bullish for now.Note
Watching to see if this breaks above 143.74. If not, downside will continue.
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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.