Amazon.com
Short

Pull Back is Required

313
AMZN Sell Setup - AMZ

Bearish Momentum on Daily Chart

Instrument: AMZN
Timeframe: Daily
Direction: Sell
Confidence: 75%


Setup Overview:

AMZN is showing bearish signals after a recent pullback. MACD has a bearish crossover, and RSI is overbought at 61.25, indicating potential for a downward move. VIX is rising, and 10-year yields are increasing, adding to market pressure. Social sentiment on X is mixed, but news sentiment leans bearish.

Trade Details:

Entry Price: $198.82

Profit Target: $182.23 (~5% downside)

Stop Loss: $205.61 (2:1 risk-reward ratio)

Position Size: 4% of portfolio

Expected Move: -5%

Key Indicators:

MACD: Bearish crossover

RSI: Overbought at 61.25

Market Context: Rising VIX, increasing 10-year yields

Follow for Best AI Signals on the market



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.