AMZN is oversold on the RSI since the earning drop. It should be due for at least a dead cat bounce to 3300-3400.
הערה:
Just a piece of junk that keeps falling.
הערה:
So far the rebound is as predicted. The bottom was on Aug 19 for now.
הערה:
AMZN is going for the gap fill. The gap started at around 3580.
הערה:
Since Aug 20, AMZN has been making higher high and higher low in the daily candle. It shows no sign of stopping
הערה:
Reached 3500 resistance today with a little bit of an expected selling coming in. There could be a minor drop in coming days. As long as it can stay above 3400, the trend will be in tact
הערה:
AMZN is just going side way for the last 2 days. That is expected for a strong move from 3200 to 3500