Time for a dead cat bounce
Atualizado
AMZN is oversold on the RSI since the earning drop. It should be due for at least a dead cat bounce to 3300-3400.
Nota
Just a piece of junk that keeps falling.Nota
So far the rebound is as predicted. The bottom was on Aug 19 for now.Nota
AMZN is going for the gap fill. The gap started at around 3580.Nota
Since Aug 20, AMZN has been making higher high and higher low in the daily candle. It shows no sign of stoppingNota
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 tactNota
AMZN is just going side way for the last 2 days. That is expected for a strong move from 3200 to 3500
Aviso legal
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