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As You Know AMZN Falling very fast and trying to reached on support level Around 1600.
then we have a great opportunity for long Buy Position Between 1600-1620 and take profit 2000.
Becoz As You know AMAZON is a Biggest and Fastest Growing Company in the World..
Let c .....
Learn Here , Earn EveryWhere
All in the chart
Amazon short setup
Levels mentioned in charts ....
Levels mentioned in charts ...
Shorting with tiny stop loss which I think should get hit haha. Lets see, betting on r:R
Time to discover new highs.
You can find me on telegram my telegram id is tacharts
Expect the snail race is still on , it will likely move up as per forecast and then drop slowly , but one thing is for sure , Market is not ready to come down easy , That means its Going to Go up this year making new higher high
-Ascending triangle pattern.
-Stock broke above the resistance on huge volume (based on 1 min chart).
-Bollinger Band coiling up nicely. A rapid move higher may be on the cards.
-A close above 1,617 should see the stock soar.
Not an investment advice. Do your own due diligence.
short at cmp to 0.382 retracement likely on the back of a gross price momentum divergence
so hold your shorts till 927