Amazon.comLong
AMZN going to $2,600
Updated
Talking of online shopping what would come up in your mind first? Yes, it's Amazon. More and more people staying home not only results in more people purchasing online, the remote-work consumes more cloud computing resources which AWS provides, Amazon has got the biggest market share.
Ascending Triangle has a success rate of 72.77%, the validity of it has been verified by diminishing volume into the breakout and the recent strong price action. Measured target lays to $2,600 per share.
Are we in a recession? Just by looking at how strong AMZN is, I don't think so. It's a paradigm shift and humanity will prevail with technology.
Ascending Triangle has a success rate of 72.77%, the validity of it has been verified by diminishing volume into the breakout and the recent strong price action. Measured target lays to $2,600 per share.
Are we in a recession? Just by looking at how strong AMZN is, I don't think so. It's a paradigm shift and humanity will prevail with technology.
Note
Breakout soonishTrade active
There goes the BreakoutTrade closed: target reached
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