AMZN (June 9)

Support levels after huge run-up

Amazon (AMZN) August 6

Big red candle after gap up to new all time high on July 24 is making me very sceptical about AMAZON shares. Price has been conslidating in the $523-$545 area since then. $523 is the level of support to watch before the gap low @ $475 comes into play. Bearish position because of the aforementioned […]