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FirasMohamed
Sep 16, 2018 5:06 PM

AMAZON: FLIPPING Short

Amazon.com, Inc.NASDAQ

Description

for sure the movement of the price is upward but after price hit the highs level of all time it pullback which's normal to happen in any stock (MSFT for example). Stochastic give no signs because the price closed in the middle of the trend, I'm talking about (Daily time frame) here.

The price on the general in this month will be flipping in a flat way (sideways) between $2050.29 and $1878.57 levels.

Comments
NWalton00
I saw what you are saying as well. I’m waiting to see if it bounces upward off 1925 or if 1878 will be the next stop.
FirasMohamed
@NWalton00, also, put a support line at 1923.23 levels, it's a support point where the price will try to pull back from it
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