Looks like AMZN is about to breakout, or change structure. From the looks of the 200ema, either of those things could happen.... with AMZN increasing automation and covid still hanging around though, I have a sneaky feeling that it's a break out.
Here are my notes from my weekly analysis where I look at multiple time frames, volume profile and MACD.
I trade options only.
"BREAKOUT COMING
upwards trendline is pushing it hard against pivot at 3190... maybe grab a longer term trade at 3200 for a really good price?"
Here are my notes from my weekly analysis where I look at multiple time frames, volume profile and MACD.
I trade options only.
"BREAKOUT COMING
upwards trendline is pushing it hard against pivot at 3190... maybe grab a longer term trade at 3200 for a really good price?"