Amazon.Com: Short It Now
InTheMoneyStocks.com | Sep 25, 2017 04:47PM ET
Amazon.com (NASDAQ:AMZN) continues to fall, trading at $938 from its all-time high of $1,083.41. I am here to warn investors that the bottom is not even close. Based on its head-and-shoulder bearish chart pattern, a calculated target for a bottom is not until it hits $845.h3 On The Way Down/h3
The key for this next major leg down is when Amazon breaks $935 on a closing basis. Once that happens, Amazon starts a quick trek lower to $845.
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