For the last 1.5 years 100% of the time RSI
has exceeded 69.79 and the Stoch
has exceeded 80 amazon's stock price has fallen. With the discover of this information I have become significantly more confident in amazons ability to continue its upward trend, as neither the Stoch
or the RSI
are close to their required thresholds. I will be watching amazon closely for the next couple days and plan on initiating a long position if the indicators continue to stray from there critical points.