The Mar 9th AMZN gap will be filled back to a minimum of 2805...probably this week. Just like They filled the gap from Feb 3rd. Just like they filled Google's gap a couple weeks ago. The Banks and Investment Houses missed buying at those prices and want a second shot at it. Just silly little Market Makers games. They then usually bounce it up after the fill. But maybe this time just a Dead Cat bounce. The Markets have more downside business to attend to Then 2616-2552. Then 2443, the .618 retrace of the past Major low to high. Good thing they're splitting 20-1, but that won't help the price for a while. Still Bearish. Goodluck.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.