TA Focus: Amazon (AMZN) – Weakness Ahead? Relative Breakdown, 200-Day Test, and Key Long-Term Pivot
4:02
YouTubeTA Capital Research
TA Focus: Amazon (AMZN) – Weakness Ahead? Relative Breakdown, 200-Day Test, and Key Long-Term Pivot
In today’s TA Focus, we take a closer look at Amazon (AMZN) as it continues to weaken on multiple fronts. - Daily Chart: Lower highs/lows over the past month, testing the 200-day MA, and threatening a breakdown below pivot support. - Relative Chart (vs. Nasdaq 100): AMZN just broke key support, hitting its weakest levels relative to the ...
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