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Amazon.com
Long

AMZN wait and buy the dip

By lahiru.fernando54
Waiting for AMZN to come back down to Fib retracement levels, along with previous resistance turned support at $1776.00. Falls in line with upward trendline and AMZN is currently very oversold in that RSI is at about 30. Strong possibility of a bounce at levels indicated above. Short bounce before going down further is also possible due to RSI showing it is very oversold.
Technical IndicatorsTrend Analysis
lahiru.fernando54

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