AMAZON showing a big bearish divergence on the weekly RSI. TD sequential just hit red 9 on the weekly. Look for downward movement on daily chart for confirmation on short entry. NASDAQ and many tech stocks are showing the same over extension and bearish divergence on the weekly, giving more confirmation and probability on AMAZON short entry. Shorting AMAZON is very risky given that it is extremely bullish on average tread lightly cheers and good luck!
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.