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chartpattern
trendanalysis
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Amzon has importance resistance to be break at 218.25 USD with closed candle above 218.25. if it not close over 218.25 after it test this resistance. it might have a chance for dropped by 10%++. However, if it closed above 218.25 and stay drop for time frame 240 min. this is a chance for long to test 233.58 resistance.
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Amazon has a short target price around 202 then may have drop to be around 180 (240 min cycle). However, this dropping looks interesting for targeting long term price, which may up to 233 (2-3 months). By the way the above price may disappear if the price drop less than 165. The strategy is waiting for buying after dropping from testing a resistant at 202$. More...
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