Don't Ignore This Chart!

Amazon Flexes Its Muscle by Moving Higher


Stocks rebounded after a sharply lower open on Tuesday, but remain in negative territory overall. Amazon (AMZN) is bucking this trend with a 2+ percent gain. Gaining in the face of weakness shows relative strength.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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