My TrueCast models are flashing a number of signals suggest a period of increasing price volatility for AMZN coming up next week that will be particularly intense between Monday, July 14th and Tuesday 15th with a second flare-up to follow between Thursday, July 17th and Friday, July 18th.
I look for a multi-day price top to develop during this period of expanded volatility -- probably at, or very near a price of 353.6. Let's put a 10% filter around this center target number and call for the expected top to develop in a range between 351.10 on low end and 356.1 on the high end. When time and price targets collide next week-- it will be time to set up a multi-day short position in AMZN.
I look for a multi-day price top to develop during this period of expanded volatility -- probably at, or very near a price of 353.6. Let's put a 10% filter around this center target number and call for the expected top to develop in a range between 351.10 on low end and 356.1 on the high end. When time and price targets collide next week-- it will be time to set up a multi-day short position in AMZN.
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.