Amazon.com - getting close to psychological price line
Amazon.com is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 25 days and may test it again within the next 3 days.
Not investment advice. Past performance does not guarantee or predict future performance.
Related Articles
Breach of important price line imminent by Blackberry
Important price line being approached by Blackberry. This price has been tested numerous times before....
Could 4 consecutive daily bearish candles on Australia 200 be a sign of things to come?
Could 4 consecutive daily bearish candles on Australia 200 be a sign of things to come?...
Could 4 consecutive daily bearish candles on Japan 225 be a sign of things to come?
Could 4 consecutive daily bearish candles on Japan 225 be a sign of things to come?...