AMZN weekly reached our downside target 35 basically but is not finished yet as we are only in week 11. The drop below to 35 needs to be repeated with a new low to complete this leg. EBAY's chart looks better from a chart and fundamental perspective as EBAY is 'cheap' with a 8 PE and AMZN still trades above 35 PE. If a retail internet stock is an idea Ebay might be the better choice. In any case wait until markets have a real bottom.The window dressing brought all European markets to a positive close as well and the same can be expected for the US markets . Even monday should be in a positive bias as the TG weekend may be better as many thought - thats at least what the stars say as one of the best constellations is this weekend with a conjunction of Venus and Jupiter getting exact around Monday. That is generally a very good vibe so enjoy it.
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