Amazon.comShort
Bleak prospects for Amazon shareholders
Amazon's strong quarterly figures were convincing, and the stock consequently shot up.
But will the rise be sustainable?
A look at one of the most important technical indicators gives little hope:
The strong inverse bearish divergence in the CumulativeDelta suggests that Amazon stock will soon correct significantly.
I am not giving a price target here, as the divergence is still building.
However, it can be said that the short side is clearly to be preferred in Amazon as soon as a corresponding reversal formation appears.
But will the rise be sustainable?
A look at one of the most important technical indicators gives little hope:
The strong inverse bearish divergence in the CumulativeDelta suggests that Amazon stock will soon correct significantly.
I am not giving a price target here, as the divergence is still building.
However, it can be said that the short side is clearly to be preferred in Amazon as soon as a corresponding reversal formation appears.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.