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Benzinga
Benzinga
Business
Melanie Schaffer

When Will The Amazon, Microsoft And Nike Bounce End? What The Charts Say

Amazon Microsoft NIke Nasdaq Microsoft Corporation NYSE

Amazon.com, Inc (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT) and Nike, Inc (NYSE:NKE) were all trading slightly higher on Friday after printing bullish reversal candlesticks on Thursday, which suggested a bounce was likely to come.

A hammer candlestick pattern forms when a red or green candlestick prints, with a long lower wick and a short upper body, which resembles a hammer.

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