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The longer-term prospects for shares of Amazon.com (AMZN) remain looking promising. In the intermediate term however the risk of a swift 10% – 20% corrective move is becoming increasingly real. Here is some perspective: AMZN stock has rallied about 65% off the February lows and since early 2015 is up a whopping 180%. This rally’s rate of change is not sustainable.
Watch today’s VLOG for the warning signs I see in AMZN stock.
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