Amazon has a short target price around 202 then may have drop to be around 180 (240 min cycle). However, this dropping looks interesting for targeting long term price, which may up to 233 (2-3 months). By the way the above price may disappear if the price drop less than 165.
The strategy is waiting for buying after dropping from testing a resistant at 202$.
More important, it should be bought after it has a reversal candle.
The strategy is waiting for buying after dropping from testing a resistant at 202$.
More important, it should be bought after it has a reversal candle.
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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.