Our original Long Term analysis on 9/10/2012 / www.tradingview.com/v/ynz9Ky4s/ stated " From a technical standpoint however, the chart is a fine example of a stock that is poised for another large jump in price, Long Term. As traders and investors we must trade the chart and not allow our opinions to beguile us into fighting the chart." Of course AMZN hit 408ish a profit of $150 ish from the original analysis.
H&S pattern trying to form. The further AMZN retraces, the better for the LT outlook unless there is some fundamental reason for a lower share price LT.
Our clients always receive entry and exit levels analysis long before price approaches which enables then to plan their trades well in advance.
Current Short working well with eventual targets much lower. Time will tell.
H&S pattern trying to form. The further AMZN retraces, the better for the LT outlook unless there is some fundamental reason for a lower share price LT.
Our clients always receive entry and exit levels analysis long before price approaches which enables then to plan their trades well in advance.
Current Short working well with eventual targets much lower. Time will tell.