Rotation has been underway most of the summer months in the AMZN chart. Rotation is the slow, methodical selling of shares held in inventory for the Trusts of Derivative Developers and the Charters of Mutual Funds. The largest institutions are lowering their risk, expecting the tariffs imposed on Chinese imports to impact AMZN with either rising prices and costs or lower sales and revenues, or both. The rotation is NOT disturbing the price trend, as is their intent.
Martha Stokes, C.M.T.
Martha Stokes, C.M.T.
Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
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Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.