Amazon (
AMZN) is hugging the previous all time high:
Click chart above to see the detailed analysis👆🏻
Amazon has been moving sideways for almost four years, consolidating between support and the previous all time high. After retesting the resistance over and over again, it is just a matter of time until Amazon will break the previous all time high and start its next major bullish cycle.
Levels to watch: $190, $500
Keep your long term vision,
Philip (BasicTrading)
AMZN) is hugging the previous all time high:Click chart above to see the detailed analysis👆🏻
Amazon has been moving sideways for almost four years, consolidating between support and the previous all time high. After retesting the resistance over and over again, it is just a matter of time until Amazon will break the previous all time high and start its next major bullish cycle.
Levels to watch: $190, $500
Keep your long term vision,
Philip (BasicTrading)
交易开始
Trading update on Amazon (AMZN):Click chart above to see the detailed analysis👆🏻
Just a couple of days after this analysis was published, Amazon breaks above the long term all time high resistance. This is now the confirmation that we will see the continuation of the 5 year bullish cycle, with the next resistance being at the top of the rising channel pattern.
Levels to watch: $500
Keep your long term vision,
Philip (BasicTrading)
交易结束：到达目标
Trading update on Amazon (AMZN):Click chart above to see the detailed analysis👆🏻
I am just once again bringing your attention to the all time high breakout on Amazon. This month alone, we saw a strong rally of more than +10%, basically moving much stronger than all indices. Since the next resistance is the channel trendline, Amazon can rally more than +100% over the next couple of months.
Levels to watch: $500
Keep your long term vision,
Philip (BasicTrading)
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。