Amazon Bottom, ready for a rally
Amazon looks like its forming a double/ triple bottom.
Exaggerated bullish divergence with RSI
Bounced on demand zone pulled from 04/09/2020
143-146 would be likely top of rally with another supply zone at 152-157. There are obviously other but these are the ones Im focusing on in line with a double bottom scenario target.
Id expect this to play out in 2-3 months.
Exaggerated bullish divergence with RSI
Bounced on demand zone pulled from 04/09/2020
143-146 would be likely top of rally with another supply zone at 152-157. There are obviously other but these are the ones Im focusing on in line with a double bottom scenario target.
Id expect this to play out in 2-3 months.
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