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TraderMagz
Dec 31, 2020 3:22 PM

Amazon broke out and is retesting  Long

Amazon.com, Inc.NASDAQ

Description

Amazon has been consolidating for a few months and has broke out of the triangle.
It is currently retesting the top of the triangle, potentially confirming the breakout.
Long if the top triangle line holds as support.

Take Profit at the 1.618 Fib extension
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