AMZN possible H&S on daily Short

Amazon.com, Inc.NASDAQ

Description

⋅ Sep 22, 2021 9:52 AM

As the chart shows, there is a possible head and shoulders on the daily AMZN chart that could send it all the way back to 2800 or lower if it plays out. It's currently formed a right shoulder, keep it on watch!

Comments

KingOfBears

⋅ Sep 25, 2021 12:27 AM

True

Codea1991

⋅ Sep 23, 2021 1:32 AM

I came here to see if anyone else saw it. Good stuff

Bearish-Bulls

⋅ Sep 23, 2021 1:15 PM

@Codea1991, Only time will tell :D

inter08

⋅ Sep 22, 2021 11:48 AM

Good work here....on the weekly sticks it looks about 3200 is critical....and the volume consistency supports your thesis, thus far. GL