botje11

Amazon H&S and inverse H&S hand in hand

botje11 Updated   
NASDAQ:AMZN   Amazon.com
Looks like the stock market is getting ready for a relief rally. We can see inverse H&S patterns with most of the stocks. If this smaller inverse H&S plays out, we could see it becoming the start of the right shoulder of a bigger (ugly shaped) H&S.

Previous analysis:

Comment:
Target inverse H&S has been reached, now we could see the right shoulder getting formed coming week. But it could get higher than my blue line indicates

Want to support me? My affiliates:

partner.bybit.com/b/botje12

onelink.to/quantfury
Add invite code AFTER signing up, bonus up to $250: 4JU345F3
1 trade, 30 day wait, to claim bonus

www.kucoin.com/r/af/rMQN2A5
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.