Amazon.comUpdated AMZN is about to explode.
This is a wedge pattern. This kind of wedge pattern is common to explode upwards. It is just a matter of time.
See for yourself https://www.investopedia.com/university/charts/charts7.asp
See for yourself https://www.investopedia.com/university/charts/charts7.asp
Note
This is actually a bullish flagNote
AMZN broke out of the wedge!!! It's nothing but up from here at least for the next couple of weeks (in my opinion)
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.