Forcast that AMZN is now forming H&S pattern which currently is try to making right shoulder. The circumstance on last Friday was the price already tested neck line, let's wait & see if it will really making right shoulder and then break through neck line to confirm down trend. Put once it break out the neck line with 1st target at 660.54, 2nd target at 599.78 and 3rd target at 539.72
This idea has to be proved in next few weeks!!!
This idea has to be proved in next few weeks!!!