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mxc111
May 5, 2020 1:25 AM

Amazon Dip Short

Amazon.com, Inc.NASDAQ

Description

AMZN looks like it is getting ready to pull back.
- 1st signal RSI went oversold Apr 16
- 2nd signal MACD signal a down turn of the 28th of April
- No sell signal yet, if the trend continues I suspect the sell signal to come at approx. 2,280 - with a target of 2080 an 8% move - we will see!

Keep an eye on this one.

Stay Safe

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