UNITEDTRADERSX

AMZN on Critical support

Long
NASDAQ:AMZN   Amazon.com
Entering buy area around 138.. Entry can be lowered since we are now sitting on major support, providing a better R:R ratio.This horizontal levels must hold the following days.. One could even think of selling a part at 144.5 and holding the rest to 150 area. Althought the market is looking quite weak, breakdown volumes havent been so high. please comment your thoughts.NFA

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