AMZN - levels for 1/21/20
On my previous watchlist I was looking for AMZN to pull back but then pick up some momentum, I had the pullback part right, of the two price points I mentioned $1866.01 and 1853.66, we pulled back deep to 1853.66 area.
I'm still bullish on the daily timeframe and find this area to be decent risk reward if we catch a bid here at $1854 area. Look at the chart history price has turned around multiple times at this price in recent history.
[resistance levels]
Watching 1866.54, 1874.47, 1885.59 and 1894.31.
[support levels]
If we lose this support level we can easily find our way to 1847.44-1842 levels. After that I'm watching 1832.23 which is my last stop for my bullish sentiment. We start closing below that and we can see a major drop.
I'm still bullish on the daily timeframe and find this area to be decent risk reward if we catch a bid here at $1854 area. Look at the chart history price has turned around multiple times at this price in recent history.
[resistance levels]
Watching 1866.54, 1874.47, 1885.59 and 1894.31.
[support levels]
If we lose this support level we can easily find our way to 1847.44-1842 levels. After that I'm watching 1832.23 which is my last stop for my bullish sentiment. We start closing below that and we can see a major drop.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.