Breach of important price line imminent by Amazon.com

Amazon.com is moving towards a line of 130.76 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Amazon.com continues in its current trajectory, we may see it move towards 130.76 within the next 6 hours.


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