Larger divergences on longer term timeframes, and near term the momentum is broken.
And yeah, Facebook looks like crap too
AMZN .. definitely a weakling. Possible bear flag breakdown
Started by
ogm
, Feb 22 2013 11:03 AM
1 reply to this topic
#1
ogm
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- Traders-Talk User
- 13,780 posts
Member
Posted 22 February 2013 - 11:03 AM
Looks like its finally out of steam. There are no catalysts for it in sight either. Their best quarter is usually in December, so we're long way off.
Larger divergences on longer term timeframes, and near term the momentum is broken.
And yeah, Facebook looks like crap too
Larger divergences on longer term timeframes, and near term the momentum is broken.
And yeah, Facebook looks like crap too
#2
ogm
-
- Traders-Talk User
- 13,780 posts
Member
Posted 22 February 2013 - 12:50 PM
Yeah, this thing is done. Even with SPX and DOW jamming mid day, AMZN remains in the red without any signs of life. Same with FB.
