Strong set up, ready for a big run!
AMZN has been consolidating for the past few months. Probably due to the uncertainty about the covid vaccine. It has began its move back up and will soon hit 3300, where it will break the trend line, hitting the three major resistance points on its way to New ATH's.
Note
And based on the RSI, the stock is not even close to being overbought, I am bullish.
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Disclaimer
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.