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Buy opportunity

NASDAQ:AMZN   AMAZON COM INC
Chart and trend analysis:
Monthly timeframe - up
Weekly timeframe - side
Daily timeframe - up
Hourly timeframe - up

Trade action:
Long-term opportunity - BUY
Short-term opportunity - N/A

Note:
1] Both, buy or sell zones have 2 price levels, color-coded for your understanding: Green (enter a trade), Red (exit the trade or stop-loss)
2] Your choice of buying or selling depends on your timeframe (long term wealth investor vs. short term income trader).
3] Follow our T4 strategy when the price reaches the zone: wait for a bullish and bearish reversal in buy and sell zones respectively.
4] Risk management strategies are critical in any trading or investing activity such as position size (how much to invest) or stop-loss (knowing when to exit with an acceptable, predefined, minimal loss).

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Comments

Awesome Analysis! Thanks for the details.
Question is, will it fall in to the buy zone to give an opportunity.
Reply
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