I posted a few months ago Amazon was in a terminal formation. Like a lot of stuff, there was an upside overthrow to knock out any remaining bears, and now we are looking to test the long term support from the 2008 lows. Below that, there are a few other support lines, but the next MAJOR support is around 950-1000 depending on time frame of a drop. Amazon actually probably has a business set up to be fairly insulated from a lot of COVID 19 effects, but none of that is going to matter given the structural setup here and valuations. Cloud stands to see a big fall in growth / revenue when a lot of the businesses that spend money on the Amazon cloud shutter or pare down their capex spending significantly.
노트
Pinged off support, now testing upper support as resistance. Texbook.노트
Clearly this didn't work. Good example of why it's smart to set stop losses once you're in the green and trading. Made a small profit on this, but clearly not the homerun I was thinking at the time.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.