AMZN Sell Setup - 
AMZ
Bearish Momentum on Daily Chart
Instrument: AMZN
Timeframe: Daily
Direction: Sell
Confidence: 75%
Setup Overview:
AMZN is showing bearish signals after a recent pullback. MACD has a bearish crossover, and RSI is overbought at 61.25, indicating potential for a downward move. VIX is rising, and 10-year yields are increasing, adding to market pressure. Social sentiment on X is mixed, but news sentiment leans bearish.
Trade Details:
Entry Price: $198.82
Profit Target: $182.23 (~5% downside)
Stop Loss: $205.61 (2:1 risk-reward ratio)
Position Size: 4% of portfolio
Expected Move: -5%
Key Indicators:
MACD: Bearish crossover
RSI: Overbought at 61.25
Market Context: Rising VIX, increasing 10-year yields
Follow for Best AI Signals on the market
AMZ Bearish Momentum on Daily Chart
Instrument: AMZN
Timeframe: Daily
Direction: Sell
Confidence: 75%
Setup Overview:
AMZN is showing bearish signals after a recent pullback. MACD has a bearish crossover, and RSI is overbought at 61.25, indicating potential for a downward move. VIX is rising, and 10-year yields are increasing, adding to market pressure. Social sentiment on X is mixed, but news sentiment leans bearish.
Trade Details:
Entry Price: $198.82
Profit Target: $182.23 (~5% downside)
Stop Loss: $205.61 (2:1 risk-reward ratio)
Position Size: 4% of portfolio
Expected Move: -5%
Key Indicators:
MACD: Bearish crossover
RSI: Overbought at 61.25
Market Context: Rising VIX, increasing 10-year yields
Follow for Best AI Signals on the market
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.