AMZN remains bearish.
We expect the price to either have a small bounce and get rejected at the resistance or further price drop without the bounce next days.
The trend overall is bearish
Short entry: at the resistance as shown in the chart
Target: $84 - $93
We expect the price to either have a small bounce and get rejected at the resistance or further price drop without the bounce next days.
The trend overall is bearish
Short entry: at the resistance as shown in the chart
Target: $84 - $93
Trade active:
Idea is still valid
Trade closed: target reached:
Target reached 100 %. Congratulations
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