$AMZN - The week ended with a bullish engulfing candle. After closing below the yearly pivot at 217 my expectation was that it would drop to the 1st yearly support at 175 as it did last year. A weekly close above 217 will indicate that it probably made an intermediate term low
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$AMZN - The week ended with a bullish engulfing candle. After closing below the yearly pivot at 217 my expectation was that it would drop to the 1st yearly support at 175 as it did last year. A weekly close above 217 will indicate that it probably made an intermediate term low