July 26, 2013

AMAZON Chart analysis


  • Fibonacci levels and 20 Day SMA in daily chart shows crucial support zone for AMAZON between 295 - 299
  • Weekly chart looks overbought But needs price to fall and stay below 295 for a bigger correction to follow.
  • Strength only on price trading above 309 levels.
  • BIDU RESISTANCE LEVELS
  • GOOGLE NEGATIVE DIVERGENCE
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