Chart of the day: AMZN

September 29, 2011

Despite Amazon’s tablet announcement yesterday, its price did not take off.

Heikin-ashi chart shows a textbook consolidation (yellow) with a negative bias offered by haDelta crossing below its short average and both near zero. Caution is recommended.

Chart of the day 09/29/2011 AMZN

%d bloggers like this: