As of 18 April 2020
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As of close 15 May 2020
Amazon bounced off support in April and is now forming a Weekly Bull Flag... A Bull Flag is a continuation pattern which means price is likely to ultimately push higher if and when price breaks out of the top of the flag.
=================AMZN As of close 17 July 2020
We've watched AMZN explode to new highs north of $3,000 per share since the May update. It's currently in pullback mode. I think inside the rectangle around the rising trendline is a good place to consider getting long if you're not already. Amazon reports July 23rd.
As of close 7 August 2020
- My last update
- Price bounced off the strong uptrend line... Not numbered here, but Amazon reported on the 30th and made a strong to resistance the next day.
- Price retested/helped form the small downtrend line/resistance.
- Price is squeezing into a space from which it's likely to make a strong move... I suspect to the upside.
Amazon looks ready to explode again... A purchase anywhere inside the range here (between the trendlines) with a stop just below the rising trendline looks interesting.
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As of close 16 October 2020
A bit of trouble in the Amazon?
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As of close 30 November 2020
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As of close 22 January 2021
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As of close 7 March 2021
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As of close Friday 4 June 2021
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As of close Tuesday 15 February 2022
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As of Close Friday 13 May 2022
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As of Close 27 September 2022
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As of Close Friday 3 February 2023
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