Good Day Beautiful People,
Here's a short time analysis for amazon.
As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line.
We have a break out of a triangle pattern too, so that increases the chance of breaking the resistance line.
After all we have to be patient as always for the future price movements.
I think if the price can break the resistance line (with conformation indeed) it can be a good buying point.
Here's a short time analysis for amazon.
As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line.
We have a break out of a triangle pattern too, so that increases the chance of breaking the resistance line.
After all we have to be patient as always for the future price movements.
I think if the price can break the resistance line (with conformation indeed) it can be a good buying point.
Заметка
The price did reach the resistance but we need a stronger confirmation for a breakout.Заметка
The breakout is here :)
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.