showstopper

AMZN has legs till 400

Long
NASDAQ:AMZN   Amazon.com
0
Clear flag formation which is definitely bullish, staying above the previous resistance of 377 and consolidating for quite some time now, which surely has become a support level now. Great support also coming from 20dma which is at 379 right now. MACD can also swirl up with one good day and the chart will become even more bullish. RSI still not way oversold which indicates AMZN has atleast few points more before turning bearish.
1st Target 404 Resistance
Support at 377-379.

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.