The Key Line For Amazon
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Perhaps the most important earnings report of this entire week is from Amazon (AMZN, duh) which Ms. Sanchez has kindly agreed to illustrate in the form of a daily price chart.
Please take careful note of the price level 114.49, which is a price gap that has served as a ceiling for many, many months. If we can stay below this level, that would be, shall we say, a good thing. I have NO position in this beast, but I will be watching after-hours action with great eagerness.
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