Sid2408

Eyes on AMZN in the coming week

NASDAQ:AMZN   Amazon.com
AMZN has a great setup in the coming week, but it needs to make a decision as to the direction. On this chart, I have highlighted two levels in pink, one above and one below to watch for a break for a long or short trade. There is a very heavy chance we hit the bottom of the wedge and bounce to the top, or vice versa. I will be watching for price action. This idea is simply a chart analysis of a potential setup, so it will not be marked long or short. Keep an eye out this wee and happy trading for the new year!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.