What can I say? This thing is unstoppable. But perhaps a pullback is in order? Market proxy stocks like this can really be effected by the overall market. Most tech stocks I have looked at recently ALL have bearish divergence on the RSI. Does it mean this beast will stop? Nope. But here's an idea anyway.
AMZN obeys 50 and 100 increments unbelievably well. Pay attention to those areas. Short in red box. Stop over $1800... It might actually get to $2000 before any pullback (psychological level).
AMZN obeys 50 and 100 increments unbelievably well. Pay attention to those areas. Short in red box. Stop over $1800... It might actually get to $2000 before any pullback (psychological level).
Commentaire:
Not financial advice.