Amazon.com, Inc.
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AMAZON new HIGHS

769
NASDAQ: AMZN Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington, which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.

Bullish Outlook (WEEKLY):
- MACRO Ascending Triangle forming against Weekly Resistance
- TB Fib Extension target 0.786 lining up with Internal Fractal Move @3869.5
- MACD turning and anticipated Bullish Cross
- RSI bounce of the 50.00 level
- TB Fib Extension Target 1.618 also lining up with a flagpole target around 4900-5000 region at break of Weekly Resistance.

NOTE: keep in mind the Weekly TF and that this would take IMO at least 6 months to play.

Bearish Outlook Weekly:
If Uptrend and Ascending Triangle pattern fails id expect a fall to @2900-3100 region.

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