Amazon (
AMZN) will start the parabolic rally:
Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, we finally saw the expected all time high breakout on Amazon. Following the overall governing rising channel pattern, I simply do expect the acceleration of the current rally, the creation of a parabolic rally, but maybe we will see a bullish retest first.
Levels to watch: $180, $400
Keep your long term vision,
Philip (BasicTrading)
AMZN) will start the parabolic rally:Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, we finally saw the expected all time high breakout on Amazon. Following the overall governing rising channel pattern, I simply do expect the acceleration of the current rally, the creation of a parabolic rally, but maybe we will see a bullish retest first.
Levels to watch: $180, $400
Keep your long term vision,
Philip (BasicTrading)
עסקה פעילה
Trading update on Amazon (AMZN):Click chart above to see the detailed analysis👆🏻
Seems like Amazon is slowly approaching the major previous all time high resistance which is now about to act as an extremely strong support level. We still need a little more bearish pressure first but then the sky is the limit after the successful break and retest.
Levels to watch: $180, $400
Keep your long term vision,
Philip (BasicTrading)
עסקה סגורה: היעד הושג
Trading update on Amazon (AMZN):Click chart above to see the detailed analysis👆🏻
All we need right now is another dip of about -10% and then Amazon is approaching a massive previous horizontal structure which is now acting as support. Just keep in mind that it's difficult to catch a falling knife so we have to wait for pressure to cool down first.
Levels to watch: $180, $400
Keep your long term vision,
Philip (BasicTrading)
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Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.