The last time AMZN ran, it was up 450 points in 12 days in Aug. It has a longer triangle this time but a weaker RSI. Amazon as a monopoly is experiencing its best time. Is there always a Dec run out of seasonality? Gun to my head, I would be long for the inevitable breakout. 3500 is a reasonable target. Could the weakness be related to its cloud business losing market share to MSFT and GOOGL?
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