$AMZN Down Trend Begins

Amazon.com, Inc.NASDAQ

Description

⋅ May 31, 2023 10:34 PM

NASDAQ:AMZN The first time #amazon 20 month moving average is crossing below the 50 month moving average. This is could be the beginning of a new down trend. Also in a bear flag.

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Comments

AlgoTradeAlert

⋅ Jun 1, 2023 2:01 PM

its been in a uptrend since 2007, but remember this is not a buy or sell signal, its a condition and it can last a long time.

grapegatsby168

⋅ Jun 1, 2023 2:47 AM

Interesting so it was supposedly in an uptrend all of 2022.