$Amazon.com(AMZN)$
Price almost took out the lows at 81.30 to grab external liquidity as analyzed last week. Right now, I'm expecting the lows to be taken and we will see how price reacts at that area. If price don't want to go down further, potential target for the bullish retracement will be the equal highs at 97.23.
Headline news:
Retailers tout post-holiday sales amid elevated inventory levels
Market Chatter: Amazon.com Reportedly Planning Stand-Alone Sports Streaming App
Amazon may market excess air cargo space as demand eases - report
https://www.tradingview.com/chart/AMZN/YpBJ3XRd-AMZN-Anal
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.
Thank you