evert.tracks
Short

Has Amazon peaked? 01-Aug-2017 (Weekly)

NASDAQ:AMZN   AMAZON COM INC
Hmm, I’ve got my contrarian hat on, as week AMZN seem to have closed with a pinball price action at 24-Jul.
This could be a short-term profit taking for some bulls.

However the Long term trend is Upward with Higher-High and Higher-Low’s.

Resistance zone: $1030 - 1090
Support 1: $962
Support 2: $835-840

ATR: 40
2N: 80

ENTRY: 987
STOP: 1067

P1: 947
P2: 907

Comments

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