AMZN approaching a key pivot after holding support
AMZN held its key support at 3029, setting up a move to the top of the current box structure.
AMZN might run into sellers temporarily at the top of the box near 3143.
I will take a small short there, and buy the dip near the bottom of the box.
A daily close above 3143 could trigger a breakout targeting the open gap above near 3249.
AMZN might run into sellers temporarily at the top of the box near 3143.
I will take a small short there, and buy the dip near the bottom of the box.
A daily close above 3143 could trigger a breakout targeting the open gap above near 3249.