Amazon.com INC, AMZN. Short Term Bounce Play!?
Updated
Keep it simple!
I've labeled a soon to be buy zone area, as we approach what could be your big day! Or not!
We have some sell signals, but has been that way since the rise years ago.
We have momentum change occurring on the 4 hour, which still could see a slight sell into my bounce area.
Amazon has not seen a wall yet, so I created one for him. I know right! Its more of a mental zone for everyone.
Happy Trading, debating and SPECULATING! Follow for updates! Check out my other charts as well!
I do not hold amazon at this time, just charting.
I've labeled a soon to be buy zone area, as we approach what could be your big day! Or not!
We have some sell signals, but has been that way since the rise years ago.
We have momentum change occurring on the 4 hour, which still could see a slight sell into my bounce area.
Amazon has not seen a wall yet, so I created one for him. I know right! Its more of a mental zone for everyone.
Happy Trading, debating and SPECULATING! Follow for updates! Check out my other charts as well!
I do not hold amazon at this time, just charting.
Trade closed: target reached
Bounce area hit top of wedge. About it for that play.Trade active
falling back into my wedge, with sell signals stacking.Trade closed: target reached
just closing as we can see it has bounced. Check out my other amazon chart for my future predictions.
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