$AMZN More Consolidation?

2022년 3월 7일

Amazon is at the same price it was in June of 2020 and has not done anything for 20 months now. Tough to trade unless it breaks out of the box. Should see a move out of the box soon in the next few months ago. Note how similar the previous consolidation is to the current consolidation. Nonetheless, Amazon is a household name and hasn't corrected more than 35% or so in over a decade. Break below the box to around 2300 should provide an amazing opportunity.

Just my own thoughts.