Have posted some time ago this analysis, just added a purple trendline to compare my forecast and actual price. Also check the previous post below
Forecast and tracking on AMZN. Actually pattern wedge (T1-T2) was formed normally and also wos tested under T1 trendline.
Technically we have a strong sell, but online sales will anyway rise before christmas, so be careful
Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.)
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