RizeSenpai

Bearish AB=CD on AMZN Monthly

Short
NASDAQ:AMZN   Amazon.com
Amazon has touched the 2.618 and is now retracing back down to the PCZ of a bearish ABCD

RSI is also overbought and shows signs of bearish divergence I expect a big drop from here.

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.