AMZN is in a trading range and will be stuck there for a while. This is a normal, necessary pattern. Trading Ranges have inconsistent highs and lows. It is very common to have a deeper trough, aka low, as the trading range heads into its final stages. It is still a great company. It just needs to reinvent and pattern out the extremely high revenues from inflated demand via stimulus checks during the Covid Pandemic, which are a big factor in this stock chart.
Learn how to use the technical patterns of each market participant for better trade planning.
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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.