PlayerInvictus

Dead cat bounce?

Short
PlayerInvictus Updated   
NASDAQ:AMZN   Amazon.com
If you take a look at volume profile, it looks like our support level recently became our new resistance. Price levels in longer chart shows divergence or high. Bears bout to cross on DMI. Volume are getting lower so maybe a new trend in making. We'll see. Happy trading.
Comment:

Symmetrical triangle. This could actually go either way. Could be still DCB if declines.
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.