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Amazon (AMZN)

Amazon (AMZN)
Readers will see the trend in $Amazon (AMZN.US)$ . That's a positive. Readers will also see the potential for a double top reversal that could occur without even breaking that trend. The daily MACD is improving, but is not yet displaying a fully bullish posture, while Relative Strength continues to improve. It does look on Wednesday that AMZN may be breaking past the threat perceibved earlier this morning.
I am long AMZN equity.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
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