Amazon broke support channel and support level at Feb 0.382.
Might go to next support level at $2,500 which very close to Feb 0.618.
Coming earnings on Feb 3rd might be the event that would make them rebounce, lets watch and see.
All indicators are negative and weak so far.
Might go to next support level at $2,500 which very close to Feb 0.618.
Coming earnings on Feb 3rd might be the event that would make them rebounce, lets watch and see.
All indicators are negative and weak so far.