AMZN: Resistance Test at $240 – Breakout or Rejection?
🔥 LucanInvestor's Strategy:
🩸 Short: Below $235, targeting $225. If EMA 9 fails to hold, downside pressure may accelerate.
🩸 Long: Above $240, targeting $260. A strong breakout could confirm bullish continuation.
🔥 LucanInvestor's Commands:
🩸 Resistance: $240 — A key level that needs to be broken for upside momentum.
🩸 Support: $225 — EMA 200 aligns as a crucial trend support.
Amazon has built strong momentum, bouncing off key support levels, but now faces a major test at resistance. MACD is signaling strength, but confirmation is key.
👑 "The market doesn’t wait—position yourself before the move."
🩸 Short: Below $235, targeting $225. If EMA 9 fails to hold, downside pressure may accelerate.
🩸 Long: Above $240, targeting $260. A strong breakout could confirm bullish continuation.
🔥 LucanInvestor's Commands:
🩸 Resistance: $240 — A key level that needs to be broken for upside momentum.
🩸 Support: $225 — EMA 200 aligns as a crucial trend support.
Amazon has built strong momentum, bouncing off key support levels, but now faces a major test at resistance. MACD is signaling strength, but confirmation is key.
👑 "The market doesn’t wait—position yourself before the move."
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.