Amazon.comלונג
Flag and Pennant at $AMZN
We can see a sharp 15% rise in the of AMZN from the 8 to the 21 of march
Then we can see a little consolidation with a support at around 1747$
AMZN today just broke the upper trendline and I am now looking to long it around 1815$
Stop Loss is just slightly below the support line of the pennant at around 1740$
Profit Take would be the height of the flag + the lower trendline (support) of the pennant. This would result in a profit take at around 1980$ resulting in a 2.2 risk/reward ratio.
Then we can see a little consolidation with a support at around 1747$
AMZN today just broke the upper trendline and I am now looking to long it around 1815$
Stop Loss is just slightly below the support line of the pennant at around 1740$
Profit Take would be the height of the flag + the lower trendline (support) of the pennant. This would result in a profit take at around 1980$ resulting in a 2.2 risk/reward ratio.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.