Amazon tests the resistance level

٧ سبتمبر ٢٠٢٢

The full-fledged uptrend left for correction and testing of the broken resistance at $125. After testing, the trend is likely to continue. With a 10% position volume and a stop bid at $121.50, the risk on the portfolio will be 0.5%. The profit/risk ratio is 3.74.
Amazon's Q2 2022 profits fell, but company executives gave an optimistic outlook for the cloud technology business.
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