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neoalvaro
Nov 11, 2014 8:32 PM

$AMZN The great wedge 

Amazon.com, Inc.NASDAQ

Description

AMZN broke a long term uptrend support, but it didn't have a follow up week so uptrend continues.
On the bearish side all important moving averages are downwards on a daily basis. We'll see how this wedge resolves, but if price breaks below 284 area with conviction, we'll see lower prices.
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