The clearer picture of AMZN.
We can see that from January 2008 before the clear ascending triangle, the AMZN stock starts to follow nice Institutional Order Flow, moving from zones to zones and support to resistance, filling price inefficiencies most times.
In few weeks or months if price breaks out of the resistance, we expect a minor fall in the value of AMZN stock when it reaches 3600 to the all time high.
We can see that from January 2008 before the clear ascending triangle, the AMZN stock starts to follow nice Institutional Order Flow, moving from zones to zones and support to resistance, filling price inefficiencies most times.
In few weeks or months if price breaks out of the resistance, we expect a minor fall in the value of AMZN stock when it reaches 3600 to the all time high.
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Related publications
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.