- That the results of AMZN aren’t that bad (sales up 14%, Ebay 3rd party sales up 30%). After market drop of more than 6% because of not beating the estimates. Due to the crisis, people use more Ebay, so there is some kind of compensation for people not buying new stuff on Amazon
- That the trend is up. 4 higher and lower highs
- That RSI if approaching 70, and could lead to a longer uptrend.
- That it will test the resistance just below 90, but that the real resistance of the uptrend is at around 77
- That after the pull back, it will go up again.