Amazon is one of the world’s most fundamentally sound stocks. But despite publishing the good results, the stock price drastically fell. The reasons for this fall could be the mayhem in the Chinese IT and education sectors, the profit bookings forced by the delta variant news or even a game played by the operator.
Amazon.com is definitely a buy-on-dip stock....
GSPL have brokeout past all time highs and passed the test with good volumes. For short term any dip until 311 is preferred to buy with stop loss being recent swing low at 292.
A inverse head and shoulders is seen and ABCD pattern with 2.272 extension is placed at 340 being the target. Aggressive buying may be seen above 340.
Overall a good stock to buy at dips.