EmpowerTrader
Short

Amazon Testing Neckline of Head & Shoulders Pattern

NASDAQ:AMZN   AMAZON COM INC
Trade Idea: Head & Shoulder Breakout
Amazon stock seems to be forming a head & shoulders pattern on the edge of final resistance level . Now that price is at the end of the pattern formation, look for a break and consolidation below the 1615.00 neckline.

Trade Step-up: Short

Scenario: Wait for price to consolidate below 1615.00 to confirm the bearish breakout. Look to profit at 1450.00 & 1400 respectively.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out