Amazon beats forecasts as first-quarter revenue tops $29bn

52 0 17
The former Resistance Zone located at 600$ turned into a support zone . Amazon hitted exactly this niveau before the news were publicated.
With these good news, we will perhaps see the end of the latest consolidation and a run to new Highs.
On its way up, two resistance zones stand in the way.
1 Resistance Level = 625$ , These are the former shortterm-Highs
2. Resiatance Level 2: 637$, the last Peak

Long Setup:
Anticyclical: Entry at the present Niveau with SL near below the sma 200
Cyclical: StoppBuy @ 628$ with SL 615$ and TP1= 637$ / TP2 664$
For the Long Term, The ATH             can be aimed.

Short Setup: Stoppsell below the SMA 200 with SL near above the SMA 200 and TP 550$

If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Good luck
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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