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LiCapitalTrading
Dec 9, 2020 1:40 PM

$AMZN #AMZN Amazon ready for a break anytime now! Long

Amazon.com, Inc.NASDAQ

Description

Amazon had been consolidating for a while now, bollinger bands are finally getting tight, meaning there will be a volatile move soon! Keep an eye out for the break out of this triangle pattern, a break above would take it to all time highs, a break below might head to 200 MA to retest and then go higher. Either way might not be a bad idea to add a little here, then add more on the breakout or 200 MA.
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