AMZN is breaking a multi week wedge today, just ahead of the Christmas season and finally rally into the year end.
Target = 55 Day Highest close for over 7% gain, I believe by mid January before we get some overbought selloffs in the indices.
Target = 55 Day Highest close for over 7% gain, I believe by mid January before we get some overbought selloffs in the indices.
Note
Looks like a final consolidation above the wedge before a breakout into year end. Note
Further breakout today, looks good
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Find the edge.
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.