Is it the right time to buy Amazon stock?
On the monthly time frame stock is in a rising wedge pattern. It is also outperforming the market from the past few months.
Note
It is near the trend line nowNote
It is not able to hold trendline. My updated view on twitter
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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.