Stock is showing down moment but can take good support at 3140 level. It can go up easily 5-6% from this level.
Amazon AMZN Looking Bullish Go For Buy Trade. NOTE :- Nasdaq Composite Looking Bearish. on 04-12-2020
Amazon Inc. Looking Bullish on 01-12-2020 Go For Buy Trade
amazon was in consolidation period but right now it is in bullish side. u can buy this stock right now for positional trade
If it breaks the important level of 3120 then one can make long entry.
Amazon have strong support zone in 3000 level which looks can't be break now it can be buy if its break resistance zone which is I draw in green dark line if its break that green line and cross above then it can be buy with sl of 2874, and target is 3185, 3258, 3361
Amazon.com make bullish crossover and now its break its strong support and resistance zone it can be buy in current level with sl of 3123 and target 3262, 3293, 3334
go short guys trendline break with huge volume target & stoploss is mentioned above Follow & LIKE for daily analysis
I posted an idea before on amzn and it didn't work and this might not work too. But I think the level has come here and don't be buyer here.
Sell below 3042 Stop 3065 Target 1st 3012 2nd 2965
Possible Move From 3000 to 2870 in next 2-3 sessions Reversal From 2870 previous support + TrendLine Support
short for Target 2648.00 with sl closing up 3094.00
As per charts. Today's trade. Future Reference