HomeMarketsTechnical AnalysisChart of the Day: AMZN’s ‘Rubicon’ is $240 Level

Chart of the Day: AMZN’s ‘Rubicon’ is $240 Level

Ben Watson’s Chart of the Day is Amazon (AMZN). He looks at the drop after earnings but says it hasn’t broken its upward trend. He says consolidation would not be “unexpected.” On a short-term basis, he says the “Rubicon” would be moving above $240/share.

Morning Movers

10 Feb 2025

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