AMZN has legs till 400
Clear flag formation which is definitely bullish, staying above the previous resistance of 377 and consolidating for quite some time now, which surely has become a support level now. Great support also coming from 20dma which is at 379 right now. MACD can also swirl up with one good day and the chart will become even more bullish. RSI still not way oversold which indicates AMZN has atleast few points more before turning bearish.
1st Target 404 Resistance
Support at 377-379.
1st Target 404 Resistance
Support at 377-379.
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