• AMZN is in a congestion, as seen in the 1h chart, trading between the black lines as shown above, while the 21 ema is completely flat;
• As long as AMZN remains inside this congestion, hardly we would see something new, however, any breakout could be interesting;
• By losing the support around $90s, AMZN has a target at the gap (red line at $86.82);
• On the other hand, by breaking the resistance around $96s, the next resistance is at $103.78 (previous top);
• Although AMZN seems erratic, these key points might offer us some clues on how to proceed. I’ll keep you updated on this.
Remember to follow me to keep in touch with my analyses!
• As long as AMZN remains inside this congestion, hardly we would see something new, however, any breakout could be interesting;
• By losing the support around $90s, AMZN has a target at the gap (red line at $86.82);
• On the other hand, by breaking the resistance around $96s, the next resistance is at $103.78 (previous top);
• Although AMZN seems erratic, these key points might offer us some clues on how to proceed. I’ll keep you updated on this.
Remember to follow me to keep in touch with my analyses!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。