$AMZN - bull and bear thesis
AMZN Daily timeframe
* Breakout, bounce off the support trendline and 3 daily bounces off the top of the triangle I have laid out, I still think this goes to $119.98. I think my previous bear case will be wrong, adjusting based on new information
- Bull: I still don't see resistance until $119.98 (the nearest breakdown candle)
- Bear: If it breaks below the bear flag, I'd expect a move back to $88.40
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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.