Amazon historically has been respecting my resistance zone. If the price is able to break above $3.2k once more in the near future I believe we are going to see buyers test the resistance zone once more. On the other hand, the price may choose to drop back down to $2.6k-$2.8k range. If this occurs and price continues to drop within the supply zone I believe there are some strong buy & hold opportunities at this zone.
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