AMZN Start of uptrend on confirmation candle.
$102 was rejected over 25 times within 3 weeks. Last week it was rejected again. Today's Fibonacci Pivot levels based off last Friday's High $109.75, Low $105.85 and Close $109.56. Pivot Point $108.39 Resistance 1: $109.88 Resistance 2: $110.80 Resistance 3: $112.30. Support 1: $106.90 Support 2: $105.98 Support 3: $104.50. All Resistance levels were broken today. July 5th.
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.