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Tuesday, 01/16/2018 1:08:07 PM

Tuesday, January 16, 2018 1:08:07 PM

Post# of 11408
Near Term Pull Back Expected On Amazon.com (AMZN)

Shares of Amazon.com, Inc. (NASDAQ:AMZN) jumped higher for the 10th straight day. However, the online retail giant is staging a solid reversal off the highs after tagging a resistance trend line. The reversal is putting in a topping tail, a sell signal. This is likely a top for the stock in the near-term, a pull back to $1,200 is expected per the stock chart. See below.




Gareth Soloway
InTheMoneyStocks





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