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Technical Analysis #S-AMZN : 2015-11-17

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Amazon stocks outperform Since the beginning of the year the stocks of the online retailer Amazon.com advanced more than twofold outperforming the US hi-tech index Nasdaq 100 by 6% over the same period. Will the company’s stocks retrace down? In 9 months of the present year Amazon.com managed to gain $114mln of net profit, against the loss of $455mln. during the same period of 2014, which is not bad altogether. With the company’s capitalization over $300bn, its shares are traded with P/E of 932

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