Amazon seems to be forming a small head and shoulders, though it is not clean. But divergence is present. Best setup is to wait for price to approach the uptrend line again. Best risk-rewards to go long there. If the price breaks lower, setup could reverse to the short.
Target price for banks and funds ranges around $2000-$2400, so room to go up.
Good Luck!
Target price for banks and funds ranges around $2000-$2400, so room to go up.
Good Luck!
註釋
Amazon is launching a new HD music streaming service to compete with Spotify and Apple Music, that should help long trades
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