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Amazon chart pattern alert — 63% upside?
AmazonAmazon(US:AMZN) Finbold·2024-10-23 10:25

Amazon (NASDAQ: AMZN) has experienced growth in 2024 — but it has been far from smooth and uneventful. While AMZN’s share price has appreciated, inflation, supply chain issues, and regulatory scrutiny, as well as increased competition, have served to limit the rally.In July and August, the stock experienced a significant 19.5% crash — dropping from an all-time high of $200 on July 2 down to $161 on August 4. Since then, the online retail leader has been on a steady road of recovery — at press time, AMZN sha ...