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Master_of_Fine_Charts

AMZN Long

Long
Amazon.com (NASDAQ:AMZN)  
Master_of_Fine_Charts  
NASDAQ:AMZN   Amazon.com
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Price is testing the .5 Fibonacci level while MACD is crossing as is D+ crossing D-

OBV crossed over its 13EMA confirming the trend. Also confirming the trend is the 13 FI recently crossed over 0.

Switching to the 13 minute chart we see a break of the pennant.

First target : 140.79
Stop: 2X ATR 127.74 (.38 fibonacci level)
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