AMZN broke a long term uptrend support, but it didn't have a follow up week so uptrend continues.On the bearish side all important moving averages are downwards on a daily basis. We'll see how this wedge resolves, but if price breaks below 284 area with conviction, we'll see lower prices.
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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.