Long consolidation breakout
It is a common move for stocks/ETF's that have been consolidating for a long time, to make a strong move upward before consolidating again.
Amazon has been consolidating for about 12 months now.
Breakout is with 100% more intraday volume, than its 10-day average.
Targets
Target 1 is a measured move by drawing the 12-month consolidation period.
Target 2 is a potential move based on the uptrend from april 2020, up to the consolidation.
Amazon has been consolidating for about 12 months now.
Breakout is with 100% more intraday volume, than its 10-day average.
Targets
Target 1 is a measured move by drawing the 12-month consolidation period.
Target 2 is a potential move based on the uptrend from april 2020, up to the consolidation.
相關出版品
免責聲明
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。