Amazon.com

Amazon TA

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Amazon is for the 7th time testing critical resistance! Although it has had many fake breakout of this pattern, watch closely this 3230 level. A breakout with volume and confirmation, is a massive move! It is so close to breakout it’s incredible. It’s hard to say if it’s going to have a fake breakout or not, but this W pattern looks legit! Keep a slow eye on Amazon, as a move through this consildation could be big! Don’t bet the farm on it, as it has been known to M pattern out after a fake breakout, but it is looking pretty solid!!!

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