AMZN Time To Sell Short

Amazon.com, Inc.NASDAQ

Description

⋅ Nov 26, 2022 5:59 PM

after the rejection at the Fibonacci rejection zone between 23 and 38 with a triple top reversal pattern we will see a continuation of the downtrend

Comments

k6pf2dn8zf

⋅ Nov 26, 2022 8:06 PM

I’d wait for a bigger pullback before shorting. There are bullish divergences on Amazon on the daily chart. This is a FAANG name and won’t go down this easily.

RedaSD

⋅ Nov 26, 2022 8:34 PM

@k6pf2dn8zf, maybe but we only did our analysis to avoid major risks :D

ebramsherif

⋅ Nov 29, 2022 12:57 AM

Congratulations your stop loss just got hit