TradingSig

Amazon.com Inc., Daily Chart Analysis 10/14

NASDAQ:AMZN   Amazon.com
Technical Analysis and Outlook
Bulls rebound from Stock Dip $1619.20 signaling that higher prices are a possible interim by targeting Mean Resistance $1870 (Stage 2). If the stock extends the ascend by closing above Mean Resistance $1870, this would confirm that a short-term bullishness has been positioned with Mean Resistance $2012.70.

Bears will eye, the first Mean Support currently created at $1717, second significant Mean Support crossing priced at $1661, while 'VERY MAJOR' Key Support is resting at $1567.
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