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$AMZNBull claim
ElliottWaveTraderElliottWaveTraderANALYSTAug 2, 2026
The claim

“Amazon held weekly support after earnings, with upside potential to the 292-298 area.”

Why he says it — point by point

FAVORABLE & AGAINST · BOTH KEPT

Why

our weekly support um was retested. It looked like garbage for a while, but uh earnings took it back in the right direction for a hold of this support. there is still potential for an upside target to the 292 98 area, okay, because we did hold.

target · $292.98

The structured call

Direction
Bullish
Catalyst
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Target
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The receipt

YouTube · 10:0510:05

“Amazon held weekly support after earnings, with upside potential to the 292-298 area.”

From "Fibonacci Market Update for August 3rd, 2026: Indices, Stocks & Commodities"
Open the source at 10:05 →

Publish-day price $$271.58 · the claim is anchored to the moment it was said.

ElliottWaveTrader on $AMZN, over time

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