AMZN was trading in the pitchfork channel and this week due to profit taking it has come down nearly 5% from ATH, We can see there is a GAP at 3511-3527 level which could be filled . We are expecting strong earnings which would have been priced in the recent break out and run up.
Amazon will come down to 3526 from there it will continue in an uptrend and amazon...
Many investors in the SPCE were betrayed by the green of Brandon and company and they were hoping for good future but instead chart has turn on them.
Despite sell off we can see incoming golden pocket and 50 MA , although sellers were not exhausted today we could see bounce to the Friday which would slow down the the downtrend. Overall on the weekly and monthly...
