Bounce coming before earnings?
AMZN has been weak starting off August but it has placed us in a position to catch a bounce off of the 21MA around $131.00. After bounce, it could rally higher to $133 before earnings on Thurs (8/3) AH.
Note
wonderful earnings report. Currently sitting at $140. I would like to see a bounce at $138 before a continuation to $146.53.
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