Amzn was trying to breakout this week, but was unsuccessful.
Right now I expect amazon to flush back to ~3350 range which will be the 30 week MA backtest (and our wave 2 bottom). From their AMZN should gather the strength to finally stage a real breakout and we are going to see our test of 4000.
Right now I expect amazon to flush back to ~3350 range which will be the 30 week MA backtest (and our wave 2 bottom). From their AMZN should gather the strength to finally stage a real breakout and we are going to see our test of 4000.