Amazon.com
Long

AMZN | Ascending Triangle + Strong Fundamental

595
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Initiate Long.

Entry - 2045.68
TP1 - 2225.41
TP2 - 2357.57
TP3 - 2455.36
SL - 1995.46

Reason: Price formed an Ascending Triangle and now trading near Resistance. We have strong fudamental reason for the Resistance to be broken. It's company earnings report, as CNN says "Amazon blew Wall Street's expectations out of the water"

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