alldyn_pip_king

AMAZON looks to poised to drop even further.

Short
NASDAQ:AMZN   Amazon.com
I see that price will continue to drop to the lower TP levels of POC as we don't have supported volume to indicate that we have enough resistance to stop it. We can see this by looking at the weekly (most importantly the last 2 weeks) and that gives us the wick that is on the north of the Monthly. I can see the price dropping to the below TP levels and eventually 2042, 1936, and eventually to 1637.

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