AMZN struggling with China tariffs but trying to recover.
Now up into a key resistance zone at $186.75-188.98
Anticipating some consolidation below or within zone.
.
Previous analysis that called the TOP:
===================================================
Now up into a key resistance zone at $186.75-188.98
Anticipating some consolidation below or within zone.
.
Previous analysis that called the TOP:
===================================================
Trade active
Ready to finally GO?(yellow shaded area is from posting time on)
.
Zoom in (M15) for a closer look
This is probably Bulls' BEST chance to move up.
Let's see how the rest of this week plays out.
===================================================
.
Trade closed: target reached
BOOMYellow shaded area is from posting time.
Green arrows are from last update, 3 bounces.
Blue price range is Trade Entry+Exit for 11% gains.
.
Closed 50% of the position, trailing stop on rest.
So booked nice gains for now, see if we get more.
Will post another idea when picture clarifies again.
===================================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.