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Amazon (AMZN) has likely reached a pick.
AMZN
, M
Short
AMZN: Amazon (AMZN) has likely reached a pick.

Amazon (AMZN) is having a pick easily visible in the historical chart (clear path since 2008/2009). My view is that it's headed down now. Best guess on $380 - $400 area for end 2016 or early 2017.

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