Today, the 20EMA presented itself again as a resistance.
This week is an important one to keep an eye on. We can still go both ways.
I have extra cash on the side in case the price drops further.
Once the price breaks above the 20EMA, the chance of a bullish course is much higher.
I try not to be influenced by emotions when buying shares. To prevent this I order a predetermined buypoint.
For example, according to my own calculations Amazon is still undervalued.
My next buypoint is 2900 because on the weekly chart the 20EMA can serve as support.
If the price drops to my buy point, I will buy it automatically.
Then I will set a new and lower...
