🔥 Potential Price Targets (Next Month):
🩸 Near-term Goal: $230.00
🩸 Long-term Goal: $240.00
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $223.38, targeting $230.00 and $240.00. Momentum supported by strong volume required for confirmation.
🩸 Short: Below $215.36, aiming for $210.00 and $200.00. Bearish MACD suggests downside potential if support fails.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $223.38 – Breaking this level may lead to a continuation toward $230.00.
🩸 Support: $215.36 – A breakdown could pave the way for further declines.
Analysis:
Amazon is consolidating within a tight range. MACD remains neutral but hints at a potential bearish crossover. The stock is trading above its 200-day EMA ($190.96), suggesting a long-term bullish sentiment. However, failure to sustain above $223.38 could indicate a reversal. Watch for decisive moves to determine the next trend.
👑 "The market rewards those who plan ahead, not those who hesitate." — LucanInvestor
🩸 Near-term Goal: $230.00
🩸 Long-term Goal: $240.00
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $223.38, targeting $230.00 and $240.00. Momentum supported by strong volume required for confirmation.
🩸 Short: Below $215.36, aiming for $210.00 and $200.00. Bearish MACD suggests downside potential if support fails.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $223.38 – Breaking this level may lead to a continuation toward $230.00.
🩸 Support: $215.36 – A breakdown could pave the way for further declines.
Analysis:
Amazon is consolidating within a tight range. MACD remains neutral but hints at a potential bearish crossover. The stock is trading above its 200-day EMA ($190.96), suggesting a long-term bullish sentiment. However, failure to sustain above $223.38 could indicate a reversal. Watch for decisive moves to determine the next trend.
👑 "The market rewards those who plan ahead, not those who hesitate." — LucanInvestor
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.