AMZN long, third touch on support! Long

Amazon.com, Inc.NASDAQ

Description

⋅ Aug 5, 2019 1:00 AM

AMZN just had their third touch on support after falling 10%. It´s closing in on apex, who will win, the bulls or the bears? Our next buy target is at the 4-year-long support, should this local support break.

To learn more, you can read my article on AMZN detailing this trade, as well as a quick history of the price action, from the dotcom bubble til todays date.
caribbeanvalueinvestor.com/news/technical-analysis/a-brief-history-of-amzn-and-how-to-trade-it/

NASDAQ:AMZN