AMZN Price may move up to weekly resistance in coming weeks
Price trading inside 3M resistance zone. However there are still 2 months to go to close the 3M candle. Therefore price can be a bit insensitive towards that resistance and continue to move higher.
However, the weekly resistance above definitely going to pose challenge for the price. This also coincides with the downward trend line the price has been push against since the downward movement in the end of 2021 started.
However, the weekly resistance above definitely going to pose challenge for the price. This also coincides with the downward trend line the price has been push against since the downward movement in the end of 2021 started.
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