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Amazon stocks haven't yet come out of a steep dive.
Amazon stocks haven't yet come out of a steep dive.
The sharp collapse of Amazon stock prices stopped only thanks to the daily support level of 3174.00, which the price is testing for the third time. It is a strong support level and a breakout will mean that the bulls have not been able to stop the bears and a fall in price is inevitable.
Symbol: AMAZON
Order Type: Pending Order - Sell Stop
Entry Price at 3174.00
Take Profit at 3160.00
Pips Earning: 1400
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1590
USDJPY buy at the price of 111.30
GBPUSD buy at the price of 1.3645
USDCHF buy at the price of 0.9275
Daily technical analysis of the stock market from AZAforex
The profit can be $1400.00 if the trading volume of 100 Shares.
The profit can be $1400.00 if the trading volume of 100 Shares.
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