Amazon.comLong
Top 5 Weekly Trade Ideas #2 - AMZN Bull Flag
Clean looking bull flag here on AMZN. An upside break should lead to a move back up to ATH, which may also present a long opportunity if it breaks and holds on a retest. Flag pole target is up near $265.
Longer term downside target is around $195 if it turns bearish.
Longer term downside target is around $195 if it turns bearish.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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.