AMAZON Daily, Weekly & Monthly analysis, Bullish Outlook
AMZN
price is forming a Bullish Head & Shoulder pattern.
and RSI also made a break of the descending trendline
If we look at weekly chart, price is moving in an ascending channel moving upwards, and price is also above support
If we look at Monthly time-frame, price broke above trendline and is moving upwards
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
price is forming a Bullish Head & Shoulder pattern.
and RSI also made a break of the descending trendline
If we look at weekly chart, price is moving in an ascending channel moving upwards, and price is also above support
If we look at Monthly time-frame, price broke above trendline and is moving upwards
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Note
1st target hit
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.