Amazon Moving As Anticipated (AMZN)

As you can see, Amazon is continuing to fill in the right shoulder as anticipated. It has clearly broken down below the 200 EMA (in purple.) Soon, I suspect AMZN could reach the neckline of the head and shoulders pattern, around the low $1500s. If the neckline is breached, expect a decline to at least $1355.

I'm the master of the charts, the professor, the legend, the king, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

-JD-