As we have said in our previous Amazon analysis, we still expect the price to form a five wave bullish formation. We believe, that the impulsive wave noted with number 3, is going to start soon, as the yellow indicated line is acting as support for bullish bounces.
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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.