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Market_Psychology
2 Th06 2016 14:41

Amazon making new highs 

Amazon.com, Inc.NASDAQ

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Price is making new highs but showing divergence on MACD and StockRSI. Almost trending into overbought territory on the weekly RSI. Technicals are pointing down but momentum is strong with AMZN. I've bought this stock around $550. neutral for now. Will sell if it goes under $700
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