A.M. Look 7/30/21

Amazon is trading close to the bottom of the daily cloud , which is initial support.

Spoo…shows a consolidation pattern on the 50X3.
It will take sustained price action under the 200 hourly @ 4371.80 for lower.

Indices are still on tap for substantial monthly gains.

Give it some time this A.M. to digest.

Names need to be looked at on an individual basis.

This entry was posted in Archive and tagged , . Bookmark the permalink.