Amazon: ⬆️ Buy
– Amazon broke resistance level 216.90
– Likely to rise to resistance level 245.00
Amazon recently broke the key resistance level 216.90 (former support from October) intersecting with the 38.2% Fibonacci correction of the downward impulse from January.
The breakout of the resistance level 216.90 accelerated the active impulse wave (c) – which started earlier from the round support level 200.00.
Amazon can be expected to rise to the next resistance level 245.00 (former triple top from January and February).