AMZN is in bull flag... breakout time?
I decided it was time for me to revisit charts after an intense 6 months of learning. I had all kinds of designer ideas, but now... i see that AMZN is trading in a monthly channel... a bull flag to be exact. Other patterns do form within patterns, but it helps me see a bigger picture. We're about to top the channel. Let's see if it breaks... go long. If not, then trade to the bottom of the channel or wait until it does break this pattern.
Note
Closeup on the Day... I'm watching for my next move.Note
it happened today (7/6/21) and i wasn't available to get some of that action. that makes me sad. hope someone got in. i'm still watching.
Mommy Miles :)
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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.
Mommy Miles :)
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.