Looks like a triple bot, RSI and STOCH are also flashing a buy. if it holds in that range for next couple of days, there could be a short term bounce. A consideration: Brexit could be a sell on the news no matter which way the vote goes. Longer term concerns with our prez "candidates"
THINK BEYOND THE HEADLINES! This sort of negativity tends to attract activists and take-overs. I use amzn as a hedge against some of my retail pix such as skx, bby. Who would think jeff bezos, whom i greatly admire, would purchase the Washington Post a much maligned stock/industry. From an article in http://www.businessinsider.com/jeff-bezos-note-on-opening-physical-store-2016-4 consider this quote: "Amazon's bookstore (yes, they have a PHYSICAL BOOKSTORE) shows the traditional retail experience can be changed. If Amazon has also figured out a way to generate returns from physical stores, it won't be long before we see more stores open under Amazon's name". Also consider activist action in FCX (long), AGN. I was buying energy 6 mos ago with reckless abandon because nobody wanted the stocks as GS predicted $20 oil. I'll stop now, just something to consider; NOT A RECOMMENDATION TO BUY
To clarify the candidates comment. I m sure all on this board are aware that trumpClinton are both campaigning on the negotiation of drug prices. On the technicals, the MACD did flash a sell very recently.