March 15, 2018

AMAZON.COM Intraday update | One hour charts

  • One hour shows a possible descending triangle with support at 1578. Price tested the level earlier and Bulls managed to stay above it. If it gets tested again bigger falls are possible. 
  • Hour close below 50 Hour SMA will give more momentum to Amazon bulls.
  • Bearish engulfing

No comments:

Post a Comment