climbing_stars
Short

Potential AB=CD AMZN

NASDAQ:AMZN   AMAZON.COM INC
212 0 0
AMZN             hanging man candlestick pattern at the 0.618 extension. Potential Bullish Bat on the larger time frame. For the bat to play out though you would need to see a massive downward movement in tech. I do believe we see a pullback in the nasdaq. A lot of the tech names look like good shorts at the current moment. At least look for AMZN             to put in a double bottom . If that breaks then the AB=CD becomes highly likely. Who knows maybe even the bat could play out from there. I would need to see some extreme evidence for that to be the case though.
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