• AMZN is correcting, and there’s no bullish sign indicating a reversal or a bottom on it yet;
• Even if it does, the 21 ema is a persistent resistance, and AMZN can’t trade consistently above it since August;
• In addition, pay attention to the $101.90 area. This seems to be a key point, as it worked as a support/resistance multiple times recently;
• Only if AMZN breaks this key point I see a true reversal on it;
• For now, it seems it is just seeking the next support around $85.
Remember to follow me to keep in touch with my daily analyses!
• Even if it does, the 21 ema is a persistent resistance, and AMZN can’t trade consistently above it since August;
• In addition, pay attention to the $101.90 area. This seems to be a key point, as it worked as a support/resistance multiple times recently;
• Only if AMZN breaks this key point I see a true reversal on it;
• For now, it seems it is just seeking the next support around $85.
Remember to follow me to keep in touch with my daily analyses!
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.