Amazon is consolidating nicely

Why AMZN’s $102 price low seen on May 9th, 2022 may hold?

This was one of 3 moments when AMZN stock price mean reverted to/or below its 200 week moving average, traded 2.5 standard deviations below its rolling weekly mean and registered a weekly RSI Oversold reading.

October 3, 2022

by Rob Zdravevski

rob@karriasset.com.au

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: