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MasonEntrican
Dec 29, 2020 7:24 PM

AMZN Rocket Ship Long

Amazon.com, Inc.NASDAQ

Description

Pennants break + rsi 48 support bounce + rsi top trend resistance breakout + covid xmas + earnings feb 4 = $4300 March 15

Comment

Price moving slower than expected. Earnings were good but less than expected, plus the news of Bezo's stepping down likely reduced new money interest temporarily. Lower speed fan still holding overall trend. $3569 will be a crucial test to see if this projection still holds.
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