Amazon - Time to sell back to the imbalance
We have used the S&P500 for reference as well as Nasdaq100
We have a trendline break on the ray and now an opportunity to sell to 2021 for a nice target of 2400 but with a range from 2280 - 2450.
Enjoy the trade.
To further explain everything; check our links which will provide further details in our setups.
Note: after the stock split which was a great tactical move, the impulse of trading volume has created a great engulfing opportunity for longs.
Now this trade out look will be a few months [we expect] so if you are here for short day trading, you will have to look else where however if you have the know how - the setup can work on smaller timeframes.
We continue to thank our supporters and appreciate all likes to let us know you are looking at our work and agree.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
We have a trendline break on the ray and now an opportunity to sell to 2021 for a nice target of 2400 but with a range from 2280 - 2450.
Enjoy the trade.
To further explain everything; check our links which will provide further details in our setups.
Note: after the stock split which was a great tactical move, the impulse of trading volume has created a great engulfing opportunity for longs.
Now this trade out look will be a few months [we expect] so if you are here for short day trading, you will have to look else where however if you have the know how - the setup can work on smaller timeframes.
We continue to thank our supporters and appreciate all likes to let us know you are looking at our work and agree.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
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