AMAZON - Strong Again! 📦

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on WEEKLY: Left Chart
AMZN is sitting around a strong support in green 80.0. For the bulls to take over long-term, we need a break above the blue zone AND upper blue trendline.

Meanwhile, since we are around a support zone, we will be looking for buy setups on lower timeframes.

🏹on H4: Right Chart
For the bulls to take over, we need a break above the red channel and previous major high in red.

Meanwhile, until the buy is activated, AMZN can still trade lower inside the weekly support.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich