AMZN Head and Shoulder
Drew up something similar for NFLX and it hit the target on the button. If charts are to be believed, AMZN still has a ways to go, which means it will be a huge drag on the market.
The last time AMZN missed targets, it traded down then sideways until the next earnings. I don't expect a big up movement until then.
No position, thing just costs too much.
The last time AMZN missed targets, it traded down then sideways until the next earnings. I don't expect a big up movement until then.
No position, thing just costs too much.
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