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Amazon Ascends: Breakout Targets New Highs

Oleh GlobalMarketGuru
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Amazon stock has confidently broken above its ascending trendline, marked by a robust bullish candlestick. This breakout reflects strong buying pressure, suggesting a potential upward journey towards the $208 resistance level. With the stock maintaining its momentum above this critical trendline, investors are advised to monitor this trend for further upside potential as Amazon aims to reach new heights.
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