WTime
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since Jul 3, 2016
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Fits well, and the lines are clearly respected. Provides support at ~6686, resistance at ~8868.
3
AMZN and S&P500 correlation is very high. This chart makes it possible to assess Amazon's out-performance. One should be careful interpreting TA patterns here (rising wedge) too literally, since few traders are watching this. That being said, I find it exceedingly unlikely that Amazon will break up from the rising wedge. I believe there are three factors fueling...
2
It may not be likely, but that doesn't mean it shouldn't be charted
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