Maximilianned

Amazon - Distributing

Short
NASDAQ:AMZN   Amazon.com


Looking at some weekly charts.

This chart looks like price is going find its way back to the trendline below.

You can see the Fed pump from March 2020 as it takes off - but really its gone nowhere since.

And its getting weaker and weaker - what's interesting is that you can see it broke resistance (dotted line) but weak - truthfully it looks like a stop run, perhaps the whole rally over the last month.

Apple and Microsoft look similar - however Metaverse (FB) and Google do not - their charts look nothing like this - they look healthy.

Google moving up on 45 degree angle on a weekly basis. Makes sense - I can shop online anywhere - but Google there is only one Google....well, I guess there is Duck Duck Go?

Interesting Boeing looks looks like it could pop higher on a weekly chart - its got good healthy support.




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