Amazon.com Inc. (AMZN) presently approaching significant resistance, able to absorb weekly buying pressures.
Amazon.com Inc. (AMZN) is currently in a buy signal by one-degree from last week’s settlement above a key level.
Therefore, bullish continuation is expected.
A more cautious investor/trader may wait for a weekly settlement above the resistance levels just above (AMZN) current price.
Inversely, a weekly settlement below an elicited support level would lead to bearish momentum through the end of the year.
Amazon.com Inc. (AMZN) is currently in a buy signal by one-degree from last week’s settlement above a key level.
Therefore, bullish continuation is expected.
A more cautious investor/trader may wait for a weekly settlement above the resistance levels just above (AMZN) current price.
Inversely, a weekly settlement below an elicited support level would lead to bearish momentum through the end of the year.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
