IT'S ABOUT TIME FOR AMAZON!
Hello traders i hope you had a good trading week.
Let's see the Amazon stock that is currently sitting on tempting levels for a buy..
TECHNICAL OBSERVATIONS
1.WE ARE ENTERING A GREAT SUPPORT ZONE THAT WE HAD A LOT OF GOOD RALLIES IN THE PAST.
2.WE HAVE THE 200EMA WITH ASCENDING SLOPE WHICH IS FAVORING LONGS AND ACTS AS A GREAT SUPPORT.
3.WE HAVE THE STOCHASTICS AT OVERSOLD AREA READY FOR ANOTHER RALLY.
4.WE ALSO NOTICED THE BULLISH DIVERGENCE AT THE RSI INDICATOR.
POSSIBLE LONG TRADE
ENTRY PRICE AT 955$
STOP LOSS AT 920$
FIRST TARGET T1 AT 1020$
SECOND TARGET T2 AT 1075$
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFITS!
Let's see the Amazon stock that is currently sitting on tempting levels for a buy..
TECHNICAL OBSERVATIONS
1.WE ARE ENTERING A GREAT SUPPORT ZONE THAT WE HAD A LOT OF GOOD RALLIES IN THE PAST.
2.WE HAVE THE 200EMA WITH ASCENDING SLOPE WHICH IS FAVORING LONGS AND ACTS AS A GREAT SUPPORT.
3.WE HAVE THE STOCHASTICS AT OVERSOLD AREA READY FOR ANOTHER RALLY.
4.WE ALSO NOTICED THE BULLISH DIVERGENCE AT THE RSI INDICATOR.
POSSIBLE LONG TRADE
ENTRY PRICE AT 955$
STOP LOSS AT 920$
FIRST TARGET T1 AT 1020$
SECOND TARGET T2 AT 1075$
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFITS!
Trade aktif
Catatan
Risky but sweet entry..Catatan
Nice move today as expected...Catatan
GREAT PROFITS ON THIS ONE!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.