Webnettricks

Amazon Breakout imminent 

Long
NASDAQ:AMZN   Amazon.com
a beautiful wedge formation is happening on the daily chart. With amazon being one of the business not being shut down during the pandemic and really benefiting from the stay at home orders in addition to not really moving much over the past 2 earning reports the upside breakout is looking more likely. although there is still a risk of the market crashing due to being over extended and pulling amzin down with it so follow the breakout closely AMZNUSD .

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