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AMZN Beats Earnings Expectations...But Stock Falls?

by Editorial Staff
Updated: November 01, 2022

For a trader, "a valuable skill is being able to look at a price chart and know if you have a viable trade setup or not."

It takes time to develop this skill. But once you do... well, just watch.

In mid-October, AMZN was trading near $113, and its upcoming earnings report was looming large. On October 27, Q3 earnings report was a pleasant surprise... but AMZN fell, anyway.

Watch our Trader's Classroom editor Jeffrey Kennedy show you AMZN's Elliott wave pattern that called for the decline days in advance.

Free, watch now.

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