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NitinBhinge
Mar 5, 2018 1:44 PM

AMAZON SEEMS TO BE BOTTOM REVERSAL Long

Amazon.com, Inc.NASDAQ

Description

AMAZON, ABLE TO MOVE ABOVE FALLING CHANNEL.
IT HAS ALSO MADE A TRIANGLE ON CHART WITH THE HIGHER LOWS AND LOWER TOPS.

AND RECENTLY IT ABLE TO BREAK THE HIGHER TOP AT 1495.

AS PER TRIANGLE AND CHANNEL PATTER IT SHOULD DO 20 $ MOVE ABOVE 1495 LEVEL.

SO IT SHOULD ABLE TO TEST NEAR 1510-1515 ZONE.

Comment

AS PER TECHNICAL SYSTEM MENTION, AMAZON ABLE TO HIT LEVEL OF 1515 , 20$ MOVE AS PER PATTERN DONE.

Trade closed: target reached

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