Technical Analysis on Amazon.com Inc (AMZN)
Amazon.com Inc (AMZN) posting intra-week buy signal
Wednesday, July 20th, 2022
In this Wicked Stocks video-analysis, we update you on Amazon.com Inc (AMZN), which is presently posting a meaningful intra-week buy signal that may play out into the 4th quarter. Assuming we also settle the week in buy signal mode, price gains of 20% or more are anticipated over the next several months. Inversely, closing below illustrated speed-line resistance allows the stock to break back to recent lows over the next several weeks.
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