$Amazon.com(AMZN)$ has lost al

$Amazon.com(AMZN)$ has lost all of its gains for the year. Price is testing the 38% Fibonacci and 100-MA.

If price loses this level, the 200-MA will be in play at ~$200 (also the 50% retracement).

However, indicators are approaching oversold levels. This means the stock price will rebound recently!

AI is a marathon, not a sprint, it's a mega trend. Please share you Insights or comments on companies or technologies of AI industry.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Brando741319
05-12
Brando741319
Good
AuntieAaA
05-10
AuntieAaA
Good

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Price is testing the 38% Fibonacci and 100-MA. If price loses this level, the 200-MA will be in play at ~$200 (also the 50% retracement). However, indicators are approaching oversold levels.[Happy][Happy][Happy] This means the stock price will rebound recently!</body></html>","text":"$Amazon.com(AMZN)$ has lost all of its gains for the year. Price is testing the 38% Fibonacci and 100-MA. If price loses this level, the 200-MA will be in play at ~$200 (also the 50% retracement). 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