AMITDANGI

AMAZON HEAD AND SHOULDERS (MAJOR FALL PREDICTION)

Short
NASDAQ:AMZN   Amazon.com
AS WE SAW HEAD AND SHOULDERS FORMATION IS TAKING PLACE IN APPLE CHART AND SAME PATTERN IS FORMING IN AMAZON SIMULTANEOUSLY.

HEAD AND SHOULDERS FORMATION IS MULTIPLE LEG REVERSAL FORMATION. AS WA CAN SEE SAME ON APPLE CHART, POTENTIAL FORMATION IS LOCATED AT TOP OF THE STOCK'S LIFETIME HIGH. SO, WE CAN PREDICT THAT IT CAN TURN INTO MAJOR FALL INTO STOCK PRICE.

WE CAN PREDICT THAT STOCK CAN DRAG TOWARDS $ 2670 AS PER MEASURED MOVE OF HEAD AND SHOULDERS FORMATION.

TWO OF US STOCK GIANTS ARE FORMING MAJOR REVERSAL PATTERN (HEAD AND SHOULDERS) SIMULTANEOUSLY AT THEIR LIFE TIME HIGH, SUGGESTS THAT US STOCK MARKET CAN GET MAJOR FALL. BEARS MIGHT HAVE PREPARED FOR STOCK MARKET CRASH AWAITED SINCE LONG.
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