sumanthduthu

AMAZON SHORT

Short
NASDAQ:AMZN   Amazon.com
Lately, tech stocks were gaining a large momentum and I guess from here it gets slower/weaker and falls for a bit.

Amazon from here falls for a short period of time based on the technical analysis and chart patterns/indicators. Unless there is very big positive news (which nobody can predict)

So from my eye POV, I think it will retest the 104-105 level before any rise.

Do your own analysis and trade wisely folks - Thanks
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