$AMZN . May break kumo support. Bearish.

AMZN dropped to around $172 after its poor earnings back in early Feb. It has since try to rally but fail to breakout of the kumo resistance. It is now trading around $182 and is very near the kumo support. Right above it is both the resistance from Tenkan sen and Kijun sen. I believe… Continue reading $AMZN . May break kumo support. Bearish.