Amazon has likely completed its accumulation phase and is showing signs of renewed bullish momentum. A breakout above recent resistance could confirm the start of a new upward trend.
Levels to watch: 232 - 252
⚠️ Not financial advice.
Levels to watch: 232 - 252
⚠️ Not financial advice.
Trade closed manually
I expect more downside, volume balance isn't good for more upside in my opinion. High probability that we will close the gap between 206 - 192. Let the bears do their thing and we will see.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.