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AMZN has been range bound for 8 months now
Amazon.com
Long
AMZN has been range bound for 8 months now
By goledger
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Feb 28, 2021
1
But that is a fairly healthy range in terms of dollars ($350 or thereabouts)
Notice that the Williams %R has been fairly reliable in showing us several oversold, trading opportunities for
AMZN
, over this period.
Also note the volume by price concentration on the left.
Just need the NDX to cooperate and have slightly less bearish sentiment in March.
Support and Resistance
Trend Analysis
goledger
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