Among today's Crammer buy list, I found that Amazon is supported by good technicals.
On the weekly chart, it made a hammer 3 weeks ago and moved above the 30 period MA. The long white candle formed just after the hammer pull it strongly above the 30 week MA, which indicates powerful buy forces.The fast line of weekly MACD is about to cross over slow line, and they are close to the 0+ area.
On the daily chart, it is above both 50 day and 200 day moving average. Today's bullish engulfing candle indicate bullish movement down the road. The double bottom it made from July points to a tradable rally. Stop loss should be put just below the break out area of 124.
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