Amazon move below 2700 implies more loses

11 במרץ 2022

Buyers stepped out of this item at 3757 first on July last year then it retested the same price point on November 21, since it couldn't move above it then sellers took charge and now they are trying to push price below 2700. If 2700 gives way then it falls towards 2000 given that monthly RSI reading is at 49 implying that there's space to the downside.