Amazon is down to the .618 retrace. This is my largest holding. I am very bullish on the business long term. I expect well over 300$ in the year to come. Markets can remain irrational for a while. I do not believe their capex will yield a low return, they can always use all of the data center buildout for AWS which has a massive backlog.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.