Amazon.com

AMZN - is in risky zone

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AMZN has been trading in channels since January 2016. Right now it is trying to re-enter bullish channel. RSI and CCI show +ve direction. But, I don't show enough money flow to support bullish direction. Also, it is showing formation of Head and Shoulder pattern. I think this is in very risky zone. If it doesn't break the resistance line then there is a huge chance of sell off.

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