AMZN Support and Resistance levels
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NASDAQ:AMZN 1800 seems to be a tough resistance level . Through 1800 it can see 1824. Over 1824 can see 1850. Over 1850 close, I think it can run to 1900, then 1950 fast.
Amazon's Q4 report is on 1/30. It's possible it can continue to consolidate until then. That can be the catalyst to get it to gap up over 2000. Over 2000 it can see 2036.
Best entry is on the 1800 break.
( The way I trade, I don't use any indicators. All I use are simple support and resistance levels.
)
**This is just my opinion. Not investment advice. If anyone sees anything differently, feel free to leave a comment.
Amazon's Q4 report is on 1/30. It's possible it can continue to consolidate until then. That can be the catalyst to get it to gap up over 2000. Over 2000 it can see 2036.
Best entry is on the 1800 break.
( The way I trade, I don't use any indicators. All I use are simple support and resistance levels.
)
**This is just my opinion. Not investment advice. If anyone sees anything differently, feel free to leave a comment. Nota
Check out my most updated chart.. for more accurate levels.
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