ContraryTrader

Amzn

Long
ContraryTrader Updated   
BATS:AMZN   Amazon.com
Most likely they push this up to 195-200 or trend line resistance here..
Hammer candle with volume at 50sma

Looks like a cup and handle to me

Stop loss below 180
Comment:
Updated chart here...
Rock and a hard place with 180 right below..
Daily chart and wedge is more defined..
Expect a breakout this week.


Comment:
Jeff bezos sold 1.1 million shares at end of may.. lets see what happens in the next week ..

Will test 180.50 this week.. a break above that and 185 is next

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