Get started
Amazon.com
Short
Updated

Amazon (AMZN) Wyckoff Distribution Schematic #2

137
The Wyckoff distribution structure for AMZN (Amazon) has entered Phase D which should include continued downward pressure into Q2 of 2022.

miro.medium.com/max/1400/1*85xb2sT_V4PcnkKuLXGy7Q.png
Trade active
After testing support of SOW in late January, AMZN has completed the LPSY (Last Point of Supply) rally in phase D. Selling will intensify if price falls below 2700.

Opening a short here, with a stop loss at 3250
ozzy_livin
Also on:
Chart PatternsFundamental AnalysisTrend Analysis

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.
Chart PatternsFundamental AnalysisTrend Analysis
ozzy_livin
Also on:

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.