Inizia
Elpidaldo

AMZN: ON THE DIVING BOARD.

Amazon.com (NASDAQ:AMZN)  
Elpidaldo  
NASDAQ:AMZN   Amazon.com
Support and Resistance Supply and Demand Pivot Points AMZN support supportbreakout bounce shortsetup longsetup tradeidea amazon Stocks
2
0
supportandresistance supplyanddemand pivotpoints amzn support supportbreakout bounce shortsetup longsetup tradeidea amazon stocks
AMZN is currently sitting on a major historical support between 2020 and 2080.
I believe it has never been so oversold. It does't mean it cannot go lower.
So, will it dive? One thing is for sure, tech and growth are not in favour.

You have 3 options here:

1. You think the support holds. Go long. The coming stock split could boost the price.
2. You believe the market keeps on selling. Short it if it breaks the support.
3. Wait for lower levels (1683, 1593, 1346) to go long.

Pick your winner.

Trade safe!
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.