Home > charting trendlines, Financial Ponzi, Stock Market, technical analysis > AMZN testing trendline in place since 2009

AMZN testing trendline in place since 2009

AMZN has had a great four years, and the future of its stock ascent may be on the line as trend line support dating back to 2009 is being tested.  It’s also worth noting that Moneyflow (red-line in lower chart)  has been steadily declining in 2012, creating a bearish divergence.

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