$AMZN TOP 20
Added 2023-03-11 20:22:59 +0000 UTC$AMZN has been on the weakest looking charts of all the Mega Cap stocks and with profit margins turning negative from their last earnings report, the weakness is merited.
$AMZN has not held the important 0.65 Fib level and is itching closer to our blue R/S flip line, below this line and we are into the bear case and buy zone at new lows.
RSI remains weak, below the 50 and 200 Day MA here too.
Comments
Now showing strength all of a sudden - looking forward to the weekly update
TommyJR
2023-03-17 06:00:57 +0000 UTC
