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MatthewSeremetis
Feb 21, 2019 11:27 AM

AMZN close to support breakout 

Amazon.com, Inc.NASDAQ

Description

The major trend is up, The intermediate and, minor Trend is down, Reversal candlestick pattern at fib 61.8% of intermediate trend and resistant channel at the same price (1730), The volume confirming price action.
Waiting for breakout confirmation of 1600 Support. Next Support @1510.
Comments
HolmesM84
Agree with your analysis. the price is really stuck around the 1620 at the moment. any recommendations on how/when to trade the move?
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