Amazon's possible scenarios.
Short position is good idea for MACD but not immediately. We should see approve from the technical analysis. Look to support and resistance. If we have new deep more than last deep, we can open short position. Otherwise, if we broke resistance, we continue the bullish coming from March 2020. I think second scenario is hard. It is no financial advice.
Short position is good idea for MACD but not immediately. We should see approve from the technical analysis. Look to support and resistance. If we have new deep more than last deep, we can open short position. Otherwise, if we broke resistance, we continue the bullish coming from March 2020. I think second scenario is hard. It is no financial advice.