$AMZN remains in a healthy uptrend despite short-term profit-taking. Support is positioned around $228–229, while resistance stands near $235. A breakout could push price toward $242, followed by $250 if momentum continues. Failure to hold support may lead to a retest of $223. Pro Tip: Pullbacks to support often provide better entries than chasing rallies. 📈#GateCardUpTo8%Cashback

AMZN-0.09%
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BalanceBeam
· 10h ago
Amazon’s fundamentals are solid, and with this support range as support, buying in batches on dips should feel more comfortable than chasing the rally; just make sure to set a stop-loss.
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GasWizard
· 10h ago
Pulling back to around 228 is definitely a buy point worth paying attention to; it’s safer than chasing after a higher price.
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BullProphet
· 12h ago
From a technical perspective, the bullish structure hasn’t broken, but a short-term shakeout is inevitable. It’s not too late to wait for a breakout with volume and add to your position once it stands above 235.
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