AMZN quickly sold off after a brief move up above 190 and near ATH. It had a nice ascending wedge break as well. It's currently in a range from about 190-183, we also have an uptrend support line just below that started back at the August lows.
We could see a big flush below 183 if it breaks and also falls below the uptrend from August. First target for me would be somewhere in the 175-170 area. I like the support around 175 and there's also a gap fill around 172.
If it holds above 183 and maintains the uptrend from August, first upside target would be supply near 188 and then 190 again.
We could see a big flush below 183 if it breaks and also falls below the uptrend from August. First target for me would be somewhere in the 175-170 area. I like the support around 175 and there's also a gap fill around 172.
If it holds above 183 and maintains the uptrend from August, first upside target would be supply near 188 and then 190 again.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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。