Good Day Beautiful People,
Here's a short time analysis for amazon.
As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line.
We have a break out of a triangle pattern too, so that increases the chance of breaking the resistance line.
After all we have to be patient as always for the future price movements.
I think if the price can break the resistance line (with conformation indeed) it can be a good buying point.
Here's a short time analysis for amazon.
As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line.
We have a break out of a triangle pattern too, so that increases the chance of breaking the resistance line.
After all we have to be patient as always for the future price movements.
I think if the price can break the resistance line (with conformation indeed) it can be a good buying point.
Nota
The price did reach the resistance but we need a stronger confirmation for a breakout.Nota
The breakout is here :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.