Amazon.com
Long

AMZN testing resistance (swing trade)

117
Pending confirmation of the reversal the buy zone indicated above and the expected sell point around 2000. All analyst is forecasting AMZN to hit 2000 this year if not higher. This is a lower risk entry with a high potential for profit. Amazon is a stable and reputable company and the major external factors affecting its price decline now are the overall market (trade wars/geopolitical issues) and the overdue market correction.

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