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Amazon gives back a third of gains after strong day, Scott Redler notes

Amazon gives back a third of gains after strong day, Scott Redler notes
Amazon shares retreat sharply after rally

Scott Redler, chief strategic officer at T3 Live and T3 Trading Group, commented on Amazon's recent trading performance. He observed that Amazon shares gave back a significant portion of recent gains, describing the action as "gross" and urging investors to use stop orders for risk management.

Earlier this week, Redler said he was preparing an update on Micron Technology after taking a position against Michael Burry. Previously, he reported a strong trading move in MU and confirmed he had trimmed his position at $32.60. These updates reflect Redler’s ongoing coverage of notable large-cap equities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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