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MagicPoopCannon
Nov 15, 2018 3:05 PM

Analysis on Fire! Amazon Continues it's Fall! (AMZN) 

Amazon.com, Inc.NASDAQ

Description

Look how BEAUTIFULLY Amazon is filling in that right shoulder. Gotta love good technical analysis. The low 1500s are in the cards, as AMZN moves toward the neckline of the formation.

I'm the master of the charts, the professor, the legend, the king, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-
Comments
shahabnoor
Its time to buy amazon. Bullish divergence is forming. What do you say?
Not_Han_Solo
I agree we're bearish here, but this is one Ugly H&S... :D

kirilspiridonov
Impressive imagination :D
chrismaxwell
How about an update on this formation @MagicPoopCannon
InStockNews
"The FAANG stocks lost a combined $140 billion last Tuesday alone."
instocknews.com/stocks-today/amzn/2924

* ed purposes only, always do your own research.
alvarotms
we reached the neck as you predicted but there was a beautiful bounce. What's next? I can see an uptrend channel in a short term. 1800 by end of 2018? or retest the neck?
alvarotms
Update!!
MrMarketMaker
ouch.
kamisaj111
Yayyy... let's see how this H&S play out now. 1300ish ?
MidasTouchTrading
Mmm I don't think that's a head and shoulders at all... But I do think it's going lower in a week or two... I think it's forming a pennant where you have the right shoulder.
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