Amazon.com, Inc.

Amazon - Swing idea with Volume Profile

516
On Amazon , it's nice to see a strong buying reaction at the price 188.

There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.

The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade.


Happy trading

Dale

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.