TradingView
TopTradingSignals
Jun 20, 2022 1:54 PM

AMAZON Risky Long! Buy! Long

Amazon.com, Inc.NASDAQ

Description


Hello,Traders!
AMAZON
fell down sharply
And is trading at -45% from the all-time-high
Which means that the stock has made a good correction
And is trading at the price reflecting its fair value
So as the price is retesting a weekly horizontal support
I am locally bullish and IF there are no more bad news
I will be expecting at least a local rebound from the level
Buy!
Like, comment and subscribe to boost your trading!

See other ideas below too!

Comments
MindsetTrad3r
only risky due to market sentiment. i actually just posted a similar set up lol. at a decent level where you can still manage stop loss. i like it
TopTradingSignals
What do you think?
More