$AMZN: Fast Rebounds Reveal Fundamental Support Level

The new technologies that Amazon is embracing, including robots/robotics, and a brilliant CEO keep this huge company moving forward.

The HFT-driven gap down in August was massive but the rebound was fast. This isn't the first time the stock has moved right back up to its prior quarter's fundamental support range, aka Dark Pool Buy Zone.

Now, AMZN is slightly above that range to challenge the July high. A stock to watch ahead of its earnings report October 24th.
AMZNBeyond Technical AnalysisCandlestick AnalysisdarkpoolsEarningsearningsseasonfundamentalvstechnicalgapshighfrequencytradingrangetradingreboundswingtrading

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
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