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Feb 19: amzn will have a difficult feb; after feb 26, things will improve. march will close higher; apr will be sharply up for amzn. good time to buy, there is an onset of a bear trend. You could ride down the bear trend and catch it at the bottom also.
Feb 11: 3034 is the 200 day moving average and it is a support level but deeper than probable. The Gold envelope around the stock price movement are the bollinger bands. They are like a tunnel through which the stock price moves. It it reaches the upper envelop it circles around that level and heads down towards the mid of the band. Then it can either come back up or head down towards the lower envelop, and so on. Your next stops downwards are probably: 3270 and then 3118 after which it should bounce up again.Another take on amzn. Looking at the longer term trend, it may be in for up to 12 months of trading sideways at around 3100 level. We are already about 5 months in the sideways trend. I dont know enough about the fundamentals of amazon on why it trades that way.
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