Amazon has been in a bearish pullback for a month now, starting at the beginning of October and now showing signs of bullish continuation
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We don't need to explain why it's a great idea to buy into this stock, Amazon are great innovators and are backed by an even greater economy (Don't listen to the constant bears, they have been saying a crash will come every year since 2009...idiots)
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Technical to accompany, the RSI is showing divergence and the recent earnings report have brought in the buyers. Advised entry is at trend-line break and close, with stops at the 1472.68 level and take profit till your hearts desire.
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We don't need to explain why it's a great idea to buy into this stock, Amazon are great innovators and are backed by an even greater economy (Don't listen to the constant bears, they have been saying a crash will come every year since 2009...idiots)
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Technical to accompany, the RSI is showing divergence and the recent earnings report have brought in the buyers. Advised entry is at trend-line break and close, with stops at the 1472.68 level and take profit till your hearts desire.