Don't Ignore This Chart

Amazon Stalls with Four Inside Days

Amazon.com surged with a long white candlestick last week and then stalled the next four days. Notice that these four candlesticks are all within the range of the long white candlestick. These inside days reflect a consolidation. Watch for a range break to trigger the next directional signal.

121105amzn
Click this image for a live chart.

|

Subscribe to Don't Ignore This Chart to be notified whenever a new post is added to this blog!
comments powered by Disqus