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unknownpower
Nov 7, 2022 9:05 PM

AMZN Oversold - Initial Long Long

Amazon.com, Inc.NASDAQ

Description

Couple points to consider

1) RSI
2) Bullish divergence as drawn
3) Price below BB (In general price tends to print inside Bollinger Bands, usually a move below/above them will almost immediately result in the opposite move)
4) 5 oscillators flashing bullish on 3D chart

For me an easy 20-30% profit long trade. Too bad I can't be arsed to open a trading account on a broker.

Comment

12% up

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Looking back on this idea now, the 30% target was eventually reached.

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Reiterating what I said when I originally posted this idea: "Too bad I can't be arsed to open a trading account on a broker". Almost 100% price gain since I posted this idea.

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And still...
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