Amazon, is the correction over?
Hello everyone, AMAZON is in an ascending channel, which has been rejected at the top.
The lower part of the channel has served as resistance at least 5 times, so if you reach these areas, you would expect a rebound in price.
On the other hand, the Change Index remains in the green zone, above 0. Indicating that the long-term trend remains intact at the moment.
Zenith however has fallen below line 0.
There are no purchases until the Zenith averages regroup, returning to line 0, or the Change Index shows us an entry signal.
The lower part of the channel has served as resistance at least 5 times, so if you reach these areas, you would expect a rebound in price.
On the other hand, the Change Index remains in the green zone, above 0. Indicating that the long-term trend remains intact at the moment.
Zenith however has fallen below line 0.
There are no purchases until the Zenith averages regroup, returning to line 0, or the Change Index shows us an entry signal.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.