AMZN stayed 567 days above 200MA. That is a huge time any stock could spend historically above 200MA. Possibly a better place to look for mean reversion as momentum in Amazon is slowing down.
Key Expectation : Mean Reversion towards 200MA
Similar Examples quotes here
marketcalls.in/sector-analysis/charts-that-shows-nasdaq-is-potentially-overvalued.html
Key Expectation : Mean Reversion towards 200MA
Similar Examples quotes here
marketcalls.in/sector-analysis/charts-that-shows-nasdaq-is-potentially-overvalued.html
Trade closed manually
Time-wise stop reached.
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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.