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May 8, 2017 6:33 AM

AMZN taking a breather now after topping out around 949.00. 

Amazon.com, Inc.NASDAQ

Description

AMZN taking a breather now after topping out around 949.00. On 04-21-2017 AMZN broke past the resistance at 901.92 and began to rally up breaking another big resistance level at 913.31 on 04-27-2017 then made the climb to 949.00. After three consecutive days of trying to break 949.00 the bears took over pushing AMZN back into the bearish territory and if history repeats itself like it has here in the past AMZN could pull back into the 920.00 range now that it has dropped past the 935.00 mid line. Current resistance levels at 940.00/949.00 Supports 927.55/913.31/901.92
Comments
mych36
How are you planning your entry?
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