1st published idea for a new chart creator.
AMZN has been in a channel between $3000 to $3550 since Jul '20.
Mirroring the Dec '18 dip to Mar '20, there appears to be an ongoing correction.
How low will it go?
Support around $3000?
Lower to $2700?
Or back into the channel low of $2100-2200 by the last quarter of this year?
Chart for entertainment only; not financial advice.
AMZN has been in a channel between $3000 to $3550 since Jul '20.
Mirroring the Dec '18 dip to Mar '20, there appears to be an ongoing correction.
How low will it go?
Support around $3000?
Lower to $2700?
Or back into the channel low of $2100-2200 by the last quarter of this year?
Chart for entertainment only; not financial advice.