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Amazon.com
Long

POTENTIAL UPTREND

67
Amazon’s (AMZN) MACD in daily chart suggesting further upside. Hence a MACD golden cross plus a daily close above the $3,223 level may extend the rally towards the $3,433 resistance. The next resistance is $3,762 which was AMZN’s all time high. However, a daily close below $3,100 may dampen the bullish momentum and provide a near term short selling opportunity. Support levels are located at $3,100 and $2,760.
Boring_Trader
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer

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Chart PatternsTechnical IndicatorsTrend Analysis
Boring_Trader

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.