On October 25, 2018, in after-hours trading, Amazon.com (AMZN) was trading down to the level of $1,664.00.
We’ve tried the Speed Resistance Lines on this stock in the past and it is one of the few that has not achieved the conservative downside target. In spite of previous failures, here we go with the minimum downside target for AMZN, let’s watch as it defies (again), our minimum target of $969.28.