AMZN & AAPL: Tamed by the 20DMA, and the Stochastic is bearish
$Amazon.com(AMZN)$ : The bearish engulfing candle printed yesterday was followed by a potential bullish reversal one today that should be confirmed tomorrow with a green one closing above today’s close.
The bearish Stochastic crossover still suggests caution, and a consolidation in play.
In any case, $210 is the level that would confirm a bearish reversal if it is lost… as subs know since last Friday😉.
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$Apple(AAPL)$ Tamed by the 20DMA, and the Stochastic is bearish.
However, the latest candle suggests a potential reversal, will Apple finally bounce?
That 20DMA has been tested so many times…
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