Bullishcharts

$AMZN Weekly review of Amazon

Long
NASDAQ:AMZN   Amazon.com
• Firstly, and importantly they reclaim of the 200 moving average is bullish as is the 50ma crossing above the 100ma while they also are now in upward trajectory.
• RSI is sitting on support which must hold.
• Volume bullishly higher on up days than down days.
• Friday’s candle reversed off support on a very negative day in the market.

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