Amazon.com
Panjang

AMZN | Ascending Triangle + Strong Fundamental

595
Please support this idea with LIKE if you find it useful.

Initiate Long.

Entry - 2045.68
TP1 - 2225.41
TP2 - 2357.57
TP3 - 2455.36
SL - 1995.46

Reason: Price formed an Ascending Triangle and now trading near Resistance. We have strong fudamental reason for the Resistance to be broken. It's company earnings report, as CNN says "Amazon blew Wall Street's expectations out of the water"

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.

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.