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Amazon Is The Mad Scientist Of Retail

Amazon.com, Inc. AMZN has developed quite the reputation over the years for dabbling in all kinds of surprising businesses. Some work out in the long term and others don’t, but Amazon’s all-in mentality has made it the mad scientist of the retail sector.

Amazon has recently been working on three surprising new retail initiatives. First, Amazon is launching a new online shopping service designed specifically for teenagers. The service allows teenagers to shop on Amazon from their own unique accounts, but parents receive text messages or emails with purchase details every time the teens make a transaction. Source


STochastics are overbought so the upside is now over. The price will try to break out the rising wedge and form some downside. 

AMZN, Amazon.com, Inc.

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