BEI

AMZN - Double doji warning

Corto
BATS:AMZN   Amazon.com
2
- Double doji pattern

-50% -61% fibo resistance within the 85 points yellow box of the range historically resulting into -40 to -60 points pullback

- Aiming for 350 dollars to start with under shadow of second doji + RSI crossing under 70 / probability to see more down 280 - 320 depending on next candles and capacity to hold support (significant double doji could be significant top forming thus making it a 60 points and + corrective wave)

NFLX - AAPL - AMZN sowing signs of bearishness, 16-18% of the index, GOOG still not so bearish although very toppy and on fibo cluster, next week will be interesting for QQQ and broader market, GL and happy trading!

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