ArnoSG

AMZN Analysis for Xmas

Long
ArnoSG Updated   
BATS:AMZN   Amazon.com
Looking for more upside potential on AMZN and even more with Xmas comming.
Still in a long investment position but we are now on a critical level to watch.
The $150.0 level is a very high intensity level of rejection and reversing so warning.
BUT, I have a strong conviction on this bull signals we had previously to go to the Historical High, and some can also see a reversal H&S pattern on the chart with a neck level at $150.0 precisely.
For next week, I will be looking at the little bull flag we can see near the $150.0 to see if we can confirme the curl long scenario.

Great Trades !
Comment:
For now the price hold the level, so the idea stay the same.
Potential huge xmas bullrun

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