happytrader138

AMZN to lower end of its trading range

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NASDAQ:AMZN   Amazon.com
2 week chart shows a Bollinger bands m-top w/ a red doji, while also being at the top of the trading range it has developed. Daily SMI is showing strong divergence, a completed Bollinger bands m-top, and squeeze. A strong move the to the downside is likely around the $1300-1400 area.

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