Amazon appearing to lose strength
Missing the entry on this rising wedge pattern.
Already broken out to the downside. Might still be an opportunity to enter on the smaller time frames but will probably give it a miss.
For those that are happy to accept wider stop loss, 2 potential profit targets are shown.
Could be a significant turn of events in the US context that may drag down other Tech Stocks.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Already broken out to the downside. Might still be an opportunity to enter on the smaller time frames but will probably give it a miss.
For those that are happy to accept wider stop loss, 2 potential profit targets are shown.
Could be a significant turn of events in the US context that may drag down other Tech Stocks.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
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