Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Amazon ($AMZN) Charts (Updated 6/11/15)

|Includes:, Inc. (AMZN)

Amazon was bought up and has moved back above 430. It is back above my trend lines set and now that the MACD has reached the zero line, I am anticipating that this stock is about to make a decent move and currently it appears it has a likelihood to be to the upside. The moving averages are helping the lift stay alive. If this can get back above 434 it can gain strength from there.

Amazon ($AMZN) charts (updated 6/11/15)