MBForex

Amazon Testing Key Pivot Zone. . .

NASDAQ:AMZN   Amazon.com
Watch today's close with respect to 120.69-121.69- region defined by the 61.8% retracement of the August decline / 100% ext if the 2023 rally.

Initial support now back at the median-line / 114. Bullish invalidation raised to 104.10.

A topside breach from here keeps the focus on the September 22' uncovered gap near ~126.28 and the upper parallel near ~130.

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