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)
İşlem aktif
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)
İşlem kapandı: hedefe ulaştı
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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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
#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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.