Time for a dead cat bounce

19 thg 8, 2021

AMZN is oversold on the RSI since the earning drop. It should be due for at least a dead cat bounce to 3300-3400.

19 thg 8, 2021

Ghi chú

Just a piece of junk that keeps falling.

27 thg 8, 2021

Ghi chú

So far the rebound is as predicted. The bottom was on Aug 19 for now.

30 thg 8, 2021

Ghi chú

AMZN is going for the gap fill. The gap started at around 3580.

1 thg 9, 2021

Ghi chú

Since Aug 20, AMZN has been making higher high and higher low in the daily candle. It shows no sign of stopping

2 thg 9, 2021

Ghi chú

Reached 3500 resistance today with a little bit of an expected selling coming in. There could be a minor drop in coming days. As long as it can stay above 3400, the trend will be in tact

2 thg 9, 2021

Ghi chú

AMZN is just going side way for the last 2 days. That is expected for a strong move from 3200 to 3500