AMZN
I am looking / waiting for Amazon to break above this area of resistance before I get involved. If we get an improving market ( I don't know if we will) then I expect Amazon can head back to recent highs. I have an alert set on that line and if / when it breaks thru I'll start looking at a lower timeframe to determine a good entry and stop area.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Comment:
If it breaks below the small area of support, then I will look at going short. It may be a good trade either way.
Comment:
I am a little mad at myself here on $AMZN. I set an alert on a cross above resistance but not a cross of support even though I posted that it could be a good trade long or short... lesson; set alerts when it can go either way. :(
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.