algomojo

Short AMZN - Stock Topped in the Start of 2016 ?

Short
algomojo Updated   
NASDAQ:AMZN   Amazon.com
1
Weekly Charts in Amazon looks like topped as we seen strong counter rally during the end of year 2015. And the weekly bar looks like strong rejection from the peaks which indicates possible buyers are in control. Possibly 696.44 looks like a top so far.

www.99trades.com/amazon-stock-topped/
Trade closed: target reached:
Closed AMZN.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.