Amazon.comShort
AMZN to previous top, TL support, perhaps SMA200
AMZN down big AH to 801. Previous top and TL support intersect at 787, so I suspect a magnet to that price, and if that support breaks, 760 and 720 are TP. Ultimate scary TP is 650 which would be a double top breakdown target if 760 is breached.
Invalidate trade if daily close above 825.
Invalidate trade if daily close above 825.
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.