Long amazon and Doji reversal from last impulse move may show that a price change may be on the upside. May break out of resistance if the volume is robust. However, staying inside the Pitchfork might overly optimistic. The MACD and Stochastic show some promise. Hold if you own, maybe reallocate more. Entry for this expensive may not have a decent reward ratio. However, AMZN 2019 ROR was flat.
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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.