A bearish crossover in Amazon’s (AMZN)
A bearish crossover in Amazon’s (AMZN) MACD suggests a weakening bullish momentum. However, it is too early to conclude a start
of a downtrend. This because a daily close above $127.40 may trigger a trend continuation towards the upside, specifically towards the
$133.50 resistance, last traded on 9 September 2022. In contrast, the trend reversal is likely to come if there is a daily close below $121,
which is around the EMA20 days. Downside support could be seen at $114.
of a downtrend. This because a daily close above $127.40 may trigger a trend continuation towards the upside, specifically towards the
$133.50 resistance, last traded on 9 September 2022. In contrast, the trend reversal is likely to come if there is a daily close below $121,
which is around the EMA20 days. Downside support could be seen at $114.
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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.