AMZN back to Covid low forming a double bottom and sitting right at the strong resume pivot line coinciding with Fib 0.618
Stochastic showing oversold and by the looks of it, a bouce should be here soon.
Optimistic next target: 100p area.
Broke the neck line, and we shall see some ugly sight to the next up gap around 50p area.
Stochastic showing oversold and by the looks of it, a bouce should be here soon.
Optimistic next target: 100p area.
Broke the neck line, and we shall see some ugly sight to the next up gap around 50p area.