How to trade Amazon movements
in the past 52 weeks, Amazon.com share prices have been bracketed by a low of $299.33 and a high of $696.44
from my last post :
amazon last post
now from the technical side we can see the picture:
break down 537 $ will send Amazon share to 420+_$
while the breakup 623$ will send the prices higher
my guess from the charts that we are going to see 420+_ $ area
Now we need to focus on the 530-560 area, bounce there could give us better entering point to short amazon again, break above 587 will open the door to high levels
Good luck
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| amazon |
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