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MarketBeat
MarketBeat
Business
Sam Quirke

The Last 2 Times Amazon’s RSI Did This, the Stock Rallied 60%

Amazon MarketBeat

Having started the year near $250, tech titan Amazon.com Inc (NASDAQ: AMZN) is currently trading around $210.

A choppy January turned into a bruising start to February after the company reported a rare earnings miss last week and unveiled a sharply higher capital expenditure forecast that rattled investors.

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