Category: Submitted Articles

Shares of Amazon.com, Inc. (NASDAQ:AMZN) jumped higher for the 10th straight day. However, the online retail giant is staging a solid reversal off the highs after tagging a resistance trend line. The reversal is putting in a topping tail, a sell signal. This is likely a top for the stock in the near-term, a pull back to $1,200 is expected per the stock chart. See below.

 

Gareth Soloway
InTheMoneyStocks