Amazon weekly, 30% drop ?
Updated
We have just recent established a upper trend line.
The fib 1.618 from previously high/bottom is at 2520.
Target would be 1750 area, but depends on tempo
Going short, no. The trend is to strong, but good indicator for index if we start to se a drop around these lvls.
The fib 1.618 from previously high/bottom is at 2520.
Target would be 1750 area, but depends on tempo
Going short, no. The trend is to strong, but good indicator for index if we start to se a drop around these lvls.
Note
hmm turned nicely at the 2520 areaNote
Down 6% from high at 2370 ish
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.