AMZN is having hard time clearing the 0.786 FIB resistance. Need to see if the stock can close above 3460. Another factor to be considered is that stock failed to hit it's all time high $3554 recently.I wouldn't be surprised to see a pullback to 3400, forming a base while moving averages catch up and then push to new highs if market cooperates.
Note
This is breaking out of a 10 month base. My target is $4000
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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.